What are corporate bonds?

Corporate bonds are debt obligations issued by corporations to fund capital improvements, expansions, debt refinancing, or acquisitions. Interest is subject to federal, state, and local taxes. Questions? The range of corporate bonds issued each year allows investors to tailor a bond portfolio around their specific needs.

What is a corporate bond program?

This program allows you to buy new issue corporate bonds directly from the issuer in $1,000 increments. Because they have yet to accrue any interest, you pay par. Bonds in this program can be either fixed rate or adjustable rate securities. Corporate notes are unsecured senior or subordinated issues. Questions?

How do I buy corporate bonds?

In general, there are three ways to buy corporate bonds: New issue bonds are newly offered from a company looking to raise cash through an intermediary broker-dealer. You will pay face value and the company will receive the proceeds, net of any fees retained by broker-dealers for their services.