Common type secured bonds

Accounting
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Provide examples of common type secured bonds. Explain what is meant by bonds being issued at premium and at a discount.

Dec 10th, 2014

When bonds are issued at a price which is greater than the par value ,it means they are issued at premium.

When bonds are issued at a price which is less than the par value ,it means they are issued at discount.

 A type of bond that is secured by the issuer's pledge of a specific asset, which is a form of collateral on the loan is a secured Bond.


Dec 10th, 2014

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