High-yield bond: Difference between revisions
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imported>Doug Williamson m (Spacing 27/8/13) |
imported>Doug Williamson m (Spacing and categorise page.) |
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The term, therefore increasingly refers to financial instruments with speculative credit ratings. | The term, therefore increasingly refers to financial instruments with speculative credit ratings. | ||
Also known as Junk bond. | Also known as Junk bond. | ||
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* [[Bond]] | * [[Bond]] | ||
* [[Leveraged takeover]] | * [[Leveraged takeover]] | ||
[[Category:Treasury_operations_infrastructure]] | |||
[[Category:Long_term_funding]] | |||
Revision as of 17:06, 25 July 2014
A bond with a sub-investment (speculative) grade credit rating at the time of issue.
This type of bond is used particularly to finance leveraged buy-outs and to pay higher yields to investors than bonds with higher ratings do.
The term, therefore increasingly refers to financial instruments with speculative credit ratings.
Also known as Junk bond.
