It even turned down an opportunity to
float junk bonds.
Not exact matches
For me the coup de grace was the $ 1.5 billion
junk bond deal
floated last summer.
These
floating rate
bonds are a good alternative to high yield corporate and
junk bonds when interest rates are rising.
Demand for yield combined with the benefits of
floating rate interest payments and better security provisions than fixed rate
junk bonds all helps to draw attention to this asset class.
Also, on the fixed income side, I've been selling HY [DM: High Yield, aka «
Junk»]
bonds, shortening duration, and buying
floating rate bank loans.
These include government debt, mortgage
bonds, investment - grade
bonds,
junk debt,
floating - rate bank loans and munis.