Learn about investing in bonds and CDs
U.S. government agency bonds are debt obligations issued by government-sponsored enterprises (GSEs) or U.S. government agencies.
CDs are deposit obligations issued by commercial banks to raise funds for their business activities.
Corporate bonds are debt obligations issued by corporations to raise capital and operating cash.
Exchange-traded notes (ETNs) are senior, unsecured, unsubordinated debt securities typically issued by a bank or financial institution.
The Government National Mortgage Association (GNMA or Ginnie Mae) issues agency bonds backed by the full faith and credit of the U.S. government.
Municipal bonds are debt obligations issued by states, cities, counties and other governmental entities to raise funds to pay for public projects.
Learn about the procedures Vanguard Brokerage follows when it receives an allocation of called securities.
Preferred securities combine the features of bonds and stocks. They represent ownership in a corporation like stocks (though generally with no voting rights) but provide periodic dividend payments like bonds.
U.S. Treasury securities are direct debt obligations backed by the full faith and credit of the U.S. government.
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