I'm new to the bond trading, but have some basic questions.

Let's suppose I want to buy the following bond today (11/6/2018) See this

As you can see there, the maturity date of that bond is 11/30/2018. So does this mean after purchasing that bond today (11/6/2018), the bond will be automatically settled on 11/30/2018, and as a result of that, the correct amount of cash (i.e., the face value + coupon interest) will be deposited into my account?

Thanks in advance!


Yes, but remember that you also must pay the amount of interest that has accrued since the last coupon (which is not reflected in the price), so effectively you'd only get 24 day's worth of interest (not the full semi-annual coupon)

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