Types of Issuers

There are five main classes of issuers, representing various sectors that issue corporate bonds: (1) public utilities; (2) transportation companies; (3) industrial corporations; (4) financial services companies; and (5) conglomerates. Such issuers may be U.S. companies or non-U.S. companies. Non-U.S. governments are also frequent issuers in the U.S. markets.