Junk bonds:
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Bibliographic Details
Format: Electronic eBook
Language:English
Published: [Mosman] IMinds c2009
Series:Money (iMinds (Firm))
Subjects:
Online Access:Volltext
Item Description:Title from PDF title page (viewed Mar. 30, 2011)
"Junk bonds are bonds with a potential for high returns but which also come with many risks. A junk bond is like an IOU from an organisation that states the amount it will pay you back, the date it will pay you back and the interest it will pay you back. But what truly sets junk bonds apart from similar investments is the credit quality of their issuers. Whereas lenders of investment-grade bonds are financially reliable, a lender of junk bonds does not have a stable financial past"--Pub. website
Physical Description:1 Online-Ressource (2 p.)
ISBN:9781921798627
1921798629

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