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Course 106: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The Role of Collateral | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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When you buy a bond or other debt security, it is important to consider whether it has collateral behind it. Many bonds do, but many do not. Collateral plays a role in the value and desirability of a bond. You can choose to buy a bond based on whether it has collateral and, if so, what kind of collateral it has. Next:
Collateral >> |
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