The issuer is the party that borrows the money by issuing the bond. It can be the federal, state, or municipal government, a corporation, or a supranational organization, like the World Bank. Good creditworthiness of the issuer is important because it determines the inherent risk of the bond. 5. Yield: Yield is the expected return on investment of a bond. It is usually expressed as a... https://finxl.in/financial-budgeting-certification-online-training-courses.html