When you purchase a bond, you make an agreement with the issuer. They will pay you a certain interest rate on the money you loaned them, and they will pay the money back by a certain date. When that date arrives your bond has “matured” and you will receive your original investment back from the issuer.
When a bond matures, you are losing one of the investments in your portfolio. InvestorKeep sends alerts when bonds mature so you know it's time to have a conversation with your financial professional and ensure you have a plan in place for the proceeds from the matured bond.