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State and explain the various types of corporate bonds

State and explain the various types of corporate bonds

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Dana
Discount bonds: these are bonds that do not have coupon payments
Secured bonds: these are bonds that a specific collateral backing in the event of bankruptcy
Unsecured bonds: these are bonds that do not have specific collateral backing
Callable bonds: these are bonds that have a call provision that allows the owner of the bond to recall the bond at a specific provision before maturity
Floating rate bonds: these are bonds whose coupon rate varies and is adjusted according to the prevailing rate of interest

Dana05 answered the question on July 15, 2019 at 15:05

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