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: Many individual investors access new issues through "retail notes," which are corporate bonds purchasable directly from the issuer at par without the accrued interest or markups found in the secondary market.

Investing in New Issue Corporate Bonds: A Comprehensive Overview buy new issue corporate bonds

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: New issue bonds are often sold at a face value of $100 (or in $1,000 increments), meaning the coupon rate and expected yield are typically the same at issuance. buy new issue corporate bonds