   CorporateBond
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Sigma KEE - CorporateBond
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CorporateBond
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A bond issued by a corporation. Such bonds usually have a par value of $1,000, are taxable, have a term maturity, are paid for out of a sinking fund accumulated for that purpose, and are traded on major exchanges.
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Bond |
A debt instrument issued for a period of more than one year with the purpose of raising capital by borrowing. The Federal government, states, cities, corporations, and many other types of institutions sell bonds. A bond is generally a promise to repay the principal along with interest on a specified maturityDate.
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JunkBond | A high-risk, non-investment-grade bond with a low credit rating, usually BB or lower, as a consequence, it usually has a high yield. | | | MortgageBond | These are bonds generally bought through a government agency that deals in the real estate market. They are bonds issued by mortgage lenders. |
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