About Bond Rating secured bonds should have better rating than unsecured bond of the same firm O poor bond rating is caused by the low counpon rate and thus the YTM is low a convertible bond should have higher yield than a non convertiable one. a callable bond should have lower yield. a bond without sinking fund should a better rating. A bond in which owner is recorded by the issuer and the coupon payments are mailed to the registered owner. serial bond sovereign bond registered bond term bond bearer bond Which one is a depository institution? investment bank insurance firms pension funds mutual funds credit unions