Usually placed with life insurance companies and pension funds,these bonds are sold directly to only a limited number of investors.They are known as

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The description provided in the question matches that of privately placed bonds, which are sold directly to a limited number of investors, usually insurance companies and pension funds. Publicly issued bonds are available to a wider range of investors through brokers or dealers. Credit swaps and currency swaps are different financial instruments used for hedging and managing risk.

Usually Placed with Life Insurance Companies and Pension Funds,these Bonds