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#fixed #income
The legal obligation to make the contractual payments is assigned to the bond issuer. The issuer is identified in the indenture by its legal name
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Legal Identity of the Bond Issuer and its Legal Form
3.1.1. Legal Identity of the Bond Issuer and its Legal Form The legal obligation to make the contractual payments is assigned to the bond issuer. The issuer is identified in the indenture by its legal name. For a sovereign bond, the legal issuer is usually the office responsible for managing the national budget, such as HM Treasury (Her Majesty’s Treasury) in the United Kingdom. The legal


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