Overview of Investment Grade Corporate Bond Market

Investment grade corporate bonds are primarily issued by companies, with credit ratings ranging from triple B to triple A. The market is largely dominated by US dollar-denominated debt securities, with issuers from North America, Europe, and APAC. The size of the investment grade corporate bond market is around 8 trillion. The investor base primarily consists of institutional investors such as pension funds and insurance companies, although individuals also invest in this asset class. It's important to note that investment grade corporates are fully taxable investments, so individuals are advised to hold them in tax-advantaged accounts.