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Corporate bonds, Eurobonds and credit quality

In: Bonds

Author

Listed:
  • Moorad Choudhry

    (KBC Financial Products)

Abstract

The bonds we have talked about up to now have all been fairly high quality. For instance, gilts are AAA-rated and absolutely safe. They are safer than a bank account and if you hold them to maturity you will always get your money back. There are a large number of other bonds that are not absolutely safe, however, issued by lower-rated governments and by corporates.

Suggested Citation

  • Moorad Choudhry, 2006. "Corporate bonds, Eurobonds and credit quality," Palgrave Macmillan Books, in: Bonds, chapter 0, pages 87-110, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-62726-0_5
    DOI: 10.1057/9780230627260_5
    as

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