NOUN
- a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
How To Use junk bond In A Sentence
- By then junk bonds were 25 percent of the corporate bond market.
- Junk bonds or high yield bonds are securities issued by companies that aren't in the best of health.
- They also foresee a significant risk that companies will not be able to refinance junk bonds maturing over the next three years when a glut of exceptionally low-quality debt comes due.
- Demand for junk bonds has been strong because investors continue to pour cash into corporate bond funds.
- Demand for junk bonds has been strong because investors continue to pour cash into corporate bond funds.
- Investors with large holdings of junk bonds took large losses. Principles of Corporate Finance
- By then junk bonds were 25 percent of the corporate bond market.
- Junk bonds were used to finance leveraged buyouts and takeovers, with the aim of extracting value from existing bondholders and shareholders.
- Demand for junk bonds has been strong because investors continue to pour cash into corporate bond funds.
- Junk bonds were used to finance leveraged buyouts and takeovers, with the aim of extracting value from existing bondholders and shareholders.
