Corporate bonds are effectively bonds issued by large corporations (rather than by a Government). As the availability of Government gilts diminishes, corporate bonds are gaining considerably in popularity. In investment circles, the term “credit” is sometimes used when referring to corporate bonds.
Fixed interest securities and index-linked securities issued by companies registered either in the U.K. or overseas. They represent ‘loans' to the companies which are repayable on a stated future date (for definitions of “fixed interest” and “index-linked” see Fixed Interest Government Securities and Index-linked Government Securities).
Debt obligations issued by private or public companies to raise funds for a variety of corporate purposes such as building a new facility, purchasing equipment, or expanding the business.