a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
English language
Toggle Transcript
junk bond::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Synonyms | high-yield bond |
| Type of | bond, bond certificate |
Examples of junk bond
junk bond
Consequently, when the economy looks vulnerable, bond investors dump junk bonds.
From the sacbee.com
The bonds could be difficult to sell with the city's bond rating at junk status.
From the freep.com
This year, another rating agency dropped the city to just above junk-bond status.
From the signonsandiego.com
Subsequent junk-bond and equity offerings brought in another $2 billion that year.
From the businessweek.com
The worst performers last year were high-yield bond funds, or junk bond funds.
From the usatoday.com
Junk-bond prices reflect the market's thinking about the likelihood of bankruptcy.
From the usatoday.com
Investors had expected the junk-bond market to soften during an economic downturn.
From the time.com
In November 2009, Fitch downgraded the district's rating to junk-bond status.
From the stltoday.com
Global junk-bond issuance hit a record in the first three months of the year.
From the businessweek.com
