Most secondary market transactions for corporate bonds take place on the New York Stock Exchange.

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While corporate bonds can be traded on the New York Stock Exchange (NYSE), most secondary market transactions for corporate bonds actually take place over-the-counter, typically with the assistance of a broker-dealer. This is because corporate bond trading is not as centralized as equities trading and can involve a large number of different bond issues with varying characteristics.

Most Secondary Market Transactions for Corporate Bonds Take Place on the New