high-yield bond

Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.high-yield bond - a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit
junk bond
bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Mentioned in
References in periodicals archive
A closed-end high-yield bond fund, EAD seeks a high level of current income and also capital appreciation to the extent it is consistent with its investment objective.
Wells Fargo closed-end funds announce distributions for month and quarter
The Wells Fargo Global Dividend Opportunity Fund is a closed-end equity and high-yield bond fund.
Tuttle added as a portfolio manager
The US high-yield bond market mastered the 'risk off'-move reasonably well.
US bond market: no major repositioning, waiting for better entry levels
Finally, covenant protections for both inaugural and repeat high-yield bond issuers remain weak.
MOODY'S: COVENANT QUALITY IMPROVES FOR EMEA HIGH-YIELD BONDS IN 2015
"High-yield bond issuance volumes in March hit $11 billion, up from the low levels seen in February 2015 of $6 billion."
EMEA issues $31b junk bonds in Q1
Currently, high-yield bonds--IOUs issued by companies with dubious credit ratings--yield about 5%, which isn't high by anyone's standards, including those who manage high-yield bond funds.
Junk bonds reappearing in US markets
corporate high-yield bonds and doesn't include equities, or converts, or Venezuelan bonds, or currencies or leverage-just a straight, high-yield bond portfolio positioned in the middle of the credit-risk spectrum." The fund earned 18.40% annualized for the three years ended September 30 and 22.88% for the five years.
Gimme Shelter
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.