Role of High Yield Bonds (Junk Bonds) in Capital Markets and Corporate Takeovers : Public Policy Implications.

CRS report, prepared by Kevin F. Winch and Carolyn K. Brancato for the Subcom on Telecommunications, Consumer Protection, and Finance, examining the nature and use of high yield, low-grade corporate bonds ("junk bonds"), in view of recent trend towards junk bond financing of corporate take...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	Government Document eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1985.
Series:	U.S. Congressional Research.
Subjects:	Credit. Interest rates. Securities. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	CRS report, prepared by Kevin F. Winch and Carolyn K. Brancato for the Subcom on Telecommunications, Consumer Protection, and Finance, examining the nature and use of high yield, low-grade corporate bonds ("junk bonds"), in view of recent trend towards junk bond financing of corporate takeover transactions. Assesses the role of junk bonds in financial markets, reviews risk-reward characteristics, and examines policy options for additional junk bond regulation.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed June 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.