A bond with a higher credit rating will pay lower interest rates.

Coupon of a bond refers to the interest payable on a bond.

The government uses Treasury Bills to borrow for the short‐term.

Call and put options modify the maturity of the bond.

Bonds are segmented as long and short term based on their Term to maturity.

A ceiling limits the minimum interest that an investor will receive from a floating rate bond.

Fixed deposits raised by companies are unsecured but rated borrowings.

The corporate bond market is dominated by public issues of bonds.

The YTM of a bond is the yield that investors will earn on holding a bond to maturity.

The credit rating assigned to a bond will change with a change in the financial viability of the borrower.