Similar words: bankbook, junk, backbone, junket, cheekbone, junk mail, junk food, bond. Meaning: n. a (speculative) bond with a credit rating of BB or lower; issued for leveraged buyouts and other takeovers by companies with questionable credit.
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1 The co-defendants are charged with selling worthless junk bonds to thousands of unsuspecting depositors.
2 The truth is that junk bonds were misnamed, and therefore misunderstood.
3 A lot of people got burned buying junk bonds.
4 The institutional investors that charged into junk bonds in the 1980s have now headed off at a gallop in the opposite direction.
5 In 1984 our two-man junk bond department spoke at a Salomon Brothers seminar for several hundred savings and loan managers.
6 At the time fallen angels were the only junk bonds around.
7 The yield on junk bonds did not compensate for their risks, for two related reasons.
8 Junk bonds were used to finance leveraged buyouts and takeovers, with the aim of extracting value from existing bondholders and shareholders.
9 Anyone can buy be-cause anyone can borrow using junk bonds.
10 Demand for junk bonds has been strong because investors continue to pour cash into corporate bond funds.
11 Yield spreads of junk bonds over Treasuries have narrowed a touch, though they remain wide.
12 Still, demand for most junk bonds is still strong,[www.Sentencedict.com] because investors keep putting cash into high yield funds.
13 By then junk bonds were 25 percent of the corporate bond market.
14 Spreads between corporate junk bonds and Treasury bonds have risen to their widest since the recession of 1990-91.
15 The interest rates on junk bonds are higher because they are considered more likely to default. 12.
16 Despite losses in the Treasury market, junk bond prices maintained a 1 / 4-point gain, traders said.
17 The average yield on a junk bond is more than 20 % now, according to Merrill Lynch.
18 Once a country is in the junk bond category , no reputation is left.
19 Kroger, a client of Goldman Sachs, has become the country's second-largest grocery chain with the help of junk bonds.
20 The fortunes of Levi Strauss have been restored by junk bonds arranged by Salomon Brothers.
21 This moral hazard sent them lending billions to property developers and investing billions in junk bonds.
22 Salomon Brothers, slow to learn about take-overs and largely absent from the junk bond market[sentencedict.com], missed the bonanza.
23 More recently, there have also been some flows into junk bond funds.
24 GM debt , once considered the highest investment grade, has tumbled to low - rated , junk bond status.
25 Meanwhile, Boston Scientific's credIt'standing with ratings agencies this month fell into junk bond territory.
26 Michael Milken will always be synonymous with the term junk bond king.
More similar words: bankbook, junk, backbone, junket, cheekbone, junk mail, junk food, bond, bonds, bonding, bondage, cash bond, vagabond, in bondage, coupon bond, premium bond, treasury bond, covalent bond, mortgage bond, carbon dioxide, government bonds, convertible bond, ribbon development, checkbook, blackbody, backboard, rock-bottom, rock bottom, blackboard, june.