Bonds (6)

Who buys bonds?

Mainly institutional investors such as the

financial institutions,

discount houses,

large corporations and

asset management companies (like the pension, insurance or unit trust funds).

The individual/retail investors do not normally participate in the bond market because bonds are normally sold over-the-counter (OTC), in large amounts - an average investment being about million.

However the individual investor could invest in bonds indirectly by investing in bond funds.