Capital gain on bonds

[GTM 3442]

are you meaning from a tax perspective? All bonds (financial arrangements) are held on revenue account. There are no capital (non taxable) gains.

I thought tht it was a little more complex - that if you were a trader, you could claim a loss if you bought at more than face value and sold or redeemed for less. Naturally, you'd be slugged with tax on any profit from buying at less than face value and selling/redeeming at more.