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Why Buy Bonds & CDs at Fidelity

With industry-low fees, award-winning online tools, and dedicated support, it's easy to see why Fidelity is ranked A+ in bond investing.1

Industry-low fees

Enjoy pricing that beats markup-based bond brokers over 98% of the time.2

  • Trade new issues for free.3
  • Trade secondary bonds for just $1 per bond—a savings of $14 per bond compared to the industry average.2
  • Purchase U.S. Treasuries online for free or for a flat rate of just $19.95 when placed with a representative.
  • With a minimum concession of $8 and a maximum of $250, you'll never pay more than $250 for any order.

Over 40,000 bonds and CDs

We offer one of the largest bond inventories available from a single brokerage firm.

  • Choose from over 40,000 bonds and CDs, aggregated from hundreds of dealers around the country.
  • Access a regular stream of new issue tax-exempt municipal offerings from various states - 44 different states in 2014.
  • Select from over 100 FDIC-insured new issue CDs, from a variety of banks with multiple maturities and competitive rates.4

Bond tools and resources

Our tools and educational resources can help you succeed as a fixed income investor.

  • Research and trade with ease on our online platform—voted the best in the industry.1
  • Build a bond ladder to help generate regular cash flow.
  • Use our Fixed Income Analysis Tool to get an analysis of your entire bond portfolio.
  • Receive alerts to help track upcoming new issue offerings, maturities, and credit rating changes.

Dedicated support

Our team of fixed income specialists can work with you and your financial consultants on all aspects of your financial planning.

  • Receive an in-depth analysis of your bond and bond fund holdings - including your outside accounts.
  • Get help constructing a bond or short-term CD ladder to help make your cash work harder.
  • For investors with bond portfolios of $3 million and higher, our High Net Worth Bond Desk provides even greater levels of personalized service.

Next steps

Call our fixed income specialists at 800-544-5372 (8 a.m.-8 p.m. ET)

Questions?

Call a fixed income specialist

  • Bond offering NEW

    Fidelity Capital Markets will serve as a co-manager for the San Diego Public Facilities Financing Authority's upcoming offering. Bonds are expected to be priced the week of August 24.

Minimum concessions apply: Online $8; if traded with a Fidelity representative, $19.95. For U.S. Treasuries traded with a Fidelity representative, $19.95 per trade. Fixed income trading requires a Fidelity brokerage account with a minimum opening balance of $2,500. Rates are for U.S. Dollar-denominated bonds, additional fees and minimums apply for non-Dollar bond trades. Other conditions may apply. See Fidelity.com/commissions for details.
1. Corporate Insight "Online Fixed Income Trading", November 2013. Corporate Insight (CI) reviewed online fixed income trading platforms provided by firms in the coverage group. CI focused on which products clients can buy and sell online, as well as the overall trading process. They looked at search capabilities, features, and other resources that are provided. CI did not review the quality and depth of bond pricing, quotes provided or the capacity of product inventories provided by each firm. In addition, they did not review educational content for fixed income trading. Additional information available at https://fixedincome.fidelity.com/bin-public/060_www_fidelity_com/documents/fidelity/competive-study-online-bond-trading.pdf
2. Press Release Fidelity's Message for Retail Bond Investors: Comparison Shop - it Can Make a Big Difference September, 2013. Fidelity commissioned Corporate Insight to study bond pricing for retail investors from five selected commission and markup-based firms providing access to corporate and muni bonds trading in the secondary markets. The study compared Fidelity's prices vs. competitors' for over 6,000 unique muni and corporate CUSIPs and 10,000 bond offerings of the same CUSIPs from March 25 -28, 2013. The study found that Fidelity was less expensive 98.6 percent of the time versus "markup-based" brokers that bundle transaction fees with the price of the bond. The study compared Fidelity to markup-based brokers, and on average these competitors had charged $15.47 more per bond. For a hypothetical Fidelity customer who invests/reinvests $100,000 in face value of bonds per year, that equates to an average annual savings of $1,547, and for a customer investing $500,000, that equates to a savings of $7,735. Additional information available at https://www.fidelity.com/about-fidelity/individual-investing/fidelitys-message-retail-bond-investors
3. Fidelity makes certain new issue products available without a separate transaction fee. Fidelity may receive compensation from issuers for participating in the offering as a selling group member and/or underwriter.
4. For the purposes of FDIC insurance coverage limits, all depository assets of the account holder at the institution that issued the CD will generally be counted toward the aggregate limit (usually $250,000) for each applicable category of account. FDIC insurance does not cover market losses. All of the new issue brokered CDs Fidelity offers are FDIC insured. In some cases, CDs may be purchased on the secondary market at a price that reflects a premium to their principal value. This premium is ineligible for FDIC insurance. For details on FDIC insurance limits, see www.fdic.gov.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk, liquidity risk, call risk and credit and default risks for both issuers and counterparties.
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depth of book

refers to the display of numerous bids and offers in a given security in addition to the best bid and offer price