Definition ∞ Fixed income products are investment instruments that provide investors with a regular return in the form of interest or dividends. These products typically involve debt securities like bonds, which pay a fixed rate over a specified period. They are generally considered less volatile than equities and serve as a stable component of many investment portfolios. They offer predictable cash flows and capital preservation.
Context ∞ Fixed income products traditionally represent a significant portion of global financial markets, offering stability to investors. The discussion now includes the potential for tokenizing these assets on blockchain networks to improve liquidity and accessibility. This could lead to fractional ownership and more efficient trading of debt instruments.