relating to Junk Bond
This query is : Resolved
Vishnu Agarwal
(Querist)
17 October 2008
What is the meaning of Junk Bond ?Give any example of it.
What is the meaning of Junk Bond ?Give any example of it.
Ankit Dangayach
(Expert)
26 October 2008
Credit rating agencies assigns various kind of ratings to financial instruments such as bonds after considering lot of factors.One such rating is Non investment Grade.So bonds which fall under this category popularly known as junk Bonds.Bonds of Ford motors,General motors in US is an example of such bonds
Vishnu Agarwal
(Querist)
04 November 2008
thanx
thanx
Vishnu Agarwal
(Querist)
04 November 2008
Thanx for replying my query
Thanx for replying my query
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