[barbegal]

For 89 cents you can buy a Tesla bond with a face value of $1 which accrues at a rate of 5.3% per annum (so would have a face value of 105.3 cents after one year). Tesla will hopefully pay back the face value but they may not if they go bankrupt.

[barrkel]

Bonds pay a coupon, or interest, directly rather than accruing face value.

[barbegal]

Some bonds don't but you are correct these bonds do. However it isn't guaranteed that coupons will be paid on time especially if a company is in financial difficulty.

[nerfhammer]

depends on the type of bond. not all bonds are coupon bonds.

[samstave]

What is the minimum of these bonds one can buy?

[barbegal]

Ask your broker. I would guess one so that would be $89 at the current price

[mikekchar]

The bond denomination is 1000 and usually brokers have minimum lot size of 10, so it would be $8900. However many brokers have minimum trade size of $10K on bonds as well, so the "ask your broker" is the best advice :-)

[zanderxyz]

Minimum investment size is $2k face value (i.e. you'd pay ~89% of $2,000).

https://www.bondsupermart.com/main/bond-info/bond-factsheet/...