The corporate bond market is too important to go down the drain. A corporate bond is simply a debt instrument which is issued by a company to be paid after a given period of time with an interest. There was a time the corporate bond was very popular, with the peak years being 2015 when a lot of companies issued corporate bonds. Today, very few businesses would dare issue a corporate bond. CMA is working on guidelines that will safeguard investors, including ensuring that the corporate bonds are well guaranteed.
Source: Standard Digital October 27, 2020 21:01 UTC