Guaranteed Bonds Meaning Example Advantage Disadvantage
Guaranteed Bond Meaning A guaranteed bond is a bond that is guaranteed by another entity (usually a bank, a subsidiary companySubsidiary CompanyA subsidiary company is controlled by another company, better known as a parent or holding company. The control is exerted through ownership of more than 50% of the voting stock of the subsidiary. Subsidiaries are either set up or acquired by the controlling company.read more, or an insurance company) in case the issuer of the bond defaults to make the repayments as a result of business closure or insolvency....