The different types of government bonds listed on the exchange are:
· Federal
· State (sub-national)
· Local/Municipal/City (sub-national)
Classifications of corporate bonds listed on the exchange include:
· Redeemable – can be called (bought back) prior to maturity at a specified price
· Non-redeemable – cannot be called (bought back) prior to maturity
· Fixed-rate – fixed interest payments on a regular schedule
· Zero-coupon – no periodic interest payments, but sold at a deep discount to face value