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Issuers may be domestic or foreign governments, corporations, or banks. The biggest of these issuers is the government, which uses the bond market to fund a country's operations, such as social programs and other necessary expenses. Banks are also key issuers in the bond market and they can range from local banks up to "supranatural" banks such as the European Investment Bank, which issues debt in the bond market (Investopedia.com, 2006). The final major issuer is the corporate bond market, which issues debt to finance corporate operations (Investopedia.com, 2006). Issuers must pay dividends and distributions if declared or interest to lenders and follow the terms of their contractual obligations with their investors (Investopedia...
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Common topics in this essay:
- Bond Market Training
- Bond Market
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- bond valuation
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