Bond features differ from bond to bond. These features ultimately affect the risk and return we get when we buy bonds. For example, we differentiate bonds based on their issuer, which can come from corporations, governments, or
Bond Issuers: Who Are They?
Bond issuers come from national governments, local governments, quasi-governmental institutions, supranational institutions, and companies. Each has a different default risk. For example, government default bonds are considered less risky than