Corporate bond

A corporate bond is a bond issued by a corporation in order to raise financing for a variety of reasons such as to ongoing operations, M&A, or to expand business.[1] The term is usually applied to longer-term debt instruments, with maturity of at least one year. Corporate debt instruments with maturity shorter than one year are referred to as commercial paper.


A bond from the Dutch East India Company (VOC), dating from 7 November 1623. The VOC was the first company in history to widely issue bonds and shares of stock to the general public.