SIE: 2.9. Types Of Unsecured Bonds

Taken from our SIE Online Guide

2.9. Types of Unsecured Bonds

Most corporate bonds are unsecured, rather than secured. This means that they are secured only by a corporation’s promise to make the payment, rather than a specific physical or financial asset. Unsecured corporate bonds are called debentures. They vary in their riskiness.

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