Non-Corporate Credit is a catch-all term used to include types of bonds that are forms of credit, but not issued by private corporations - and therefore cannot be considered corporate debt. Non-Corporate Credit generally includes sovereign debt, regional governments and government agencies in a currency other than that of the issuer, and bonds issued by supranational entities.
Famous quotes containing the word credit:
“If you love those who love you, what credit is that to you? For even sinners love those who love them.”
—Bible: New Testament, Luke 6:32.