diff --git a/prisma/migrations/20220313200604_added_fixed_income_to_asset_class/migration.sql b/prisma/migrations/20220313200604_added_fixed_income_to_asset_class/migration.sql
new file mode 100644
index 000000000..c9e812f64
--- /dev/null
+++ b/prisma/migrations/20220313200604_added_fixed_income_to_asset_class/migration.sql
@@ -0,0 +1,2 @@
+-- AlterEnum
+ALTER TYPE "AssetClass" ADD VALUE 'FIXED_INCOME';
diff --git a/prisma/migrations/20220313200721_added_bond_to_asset_sub_class/migration.sql b/prisma/migrations/20220313200721_added_bond_to_asset_sub_class/migration.sql
new file mode 100644
index 000000000..4dd560edb
--- /dev/null
+++ b/prisma/migrations/20220313200721_added_bond_to_asset_sub_class/migration.sql
@@ -0,0 +1,2 @@
+-- AlterEnum
+ALTER TYPE "AssetSubClass" ADD VALUE 'BOND';
diff --git a/prisma/schema.prisma b/prisma/schema.prisma
index 738797ed6..6dea69159 100644
--- a/prisma/schema.prisma
+++ b/prisma/schema.prisma
@@ -171,9 +171,11 @@ enum AssetClass {
   CASH
   COMMODITY
   EQUITY
+  FIXED_INCOME
 }
 
 enum AssetSubClass {
+  BOND
   CRYPTOCURRENCY
   ETF
   MUTUALFUND