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relating to Junk Bond

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(Querist)
17 October 2008


What is the meaning of Junk Bond ?Give any example of it.
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Ankit Dangayach

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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
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Vishnu Agarwal

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Vishnu Agarwal (Querist)
04 November 2008


thanx
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Vishnu Agarwal

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Vishnu Agarwal (Querist)
04 November 2008


Thanx for replying my query
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