Over the last few years there has been rapid growth in a new segment of the bond market, commonly referred to as mini bonds. Mini bonds are unlisted company bonds marketed to retail investors.  Although they raise relatively small amounts of funds compared to listed retail bonds or equity fund raising and are usually issued by smaller companies, some household names such as John Lewis, Tesco and Ladbrokes have also participated in the market, raising awareness of this new asset class. Dan Kiernan provides an insight into the current state of the mini bond retail market and examines the drivers…