bond-basics

Non-Investment Grade Bonds

High-risk debt Securities with low Ratings, if any.


See Also

Rating

A judgment by a rating agency as to the credit quality of a bond.

Hudson Yards Rail Yards

Start with the Bond Basics

Gross Proceeds

Includes sale proceeds, investment proceeds, transferred proceeds (which, together with sale and investment proceeds equal the “proceeds” of the bonds) and replacement proceeds, all of which are defined in the Code.