please define an "angel bond"
glossary FAQ: glossary.
X. Whitehead from Ireland
29 November, 2009
A slang term for investment-grade bonds. An angel bond pays a lower interest rate due to the higher credit rating of the issuing company. This is the opposite of fallen angels, which are bonds that have a 'junk' rating, and are more risky.
An investment-grade bond is rated at minimum BBB by the S&P and Fitch, and Baa by Moody's. If the company's ability to pay back the bond's principal is reduced, the bond rating may fall below investment-grade minimums, and become a fallen angel. Visit FXDD
do you know what a "liquidation" is?
glossary FAQ: glossary.
C. Roman from Canada
17 December, 2009
the "liquidation " is The closing of an existing position through the execution of an offsetting transaction. Visit Xforex
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