High Yield Bond definition

High Yield Bond means a debt security which is rated below investment grade.

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High Yield Bond. A publicly issued or privately placed debt security of a corporation or other entity (other than a Loan or Bond).

High Yield Bond means a corporate debt security which is rated below investment grade.

Examples of High Yield Bond in a sentence

Salomon Brothers Institutional High Yield Bond Fund Salomon Brothers Institutional Emerging Markets Debt Fund Salomon Brothers Variable Series Funds Inc.
Salomon Brothers Balanced Fund Salomon Brothers Cash Management Fund Salomon Brothers High Yield Bond Fund Salomon Brothers Institutional Money Market Fund Salomon Brothers Large Cap Growth Fund Salomon Brothers NY Municipal Money Mkt Fund Salomon Brothers Small Cap Growth Fund Salomon Brothers Strategic Bond Fund Salomon Brothers Short/Intermediate US Government Fund Salomon Brothers All Cap Value Fund Salomon Brothers Institutional Series Funds Inc.
RiverSource High Yield Bond A B C -- R2 R3 W RiverSource Income Series, Inc.
RiverSource High Yield Bond A B C -- -- I R2 R3 R4 R5 W -- RiverSource Income Series, Inc.
The fee for the Credit Suisse High Yield Bond Fund shall be computed and payable monthly, at the annual rate set forth for the Credit Suisse High Yield Bond Fund on Annex I hereto, of the average weekly value of such Fund's total assets minus the sum of accrued liabilities (other than aggregate indebtedness constituting leverage).

More Definitions of High Yield Bond

High Yield Bond means a bond paying a higher level of interest but which has a lower credit rating than investment grade

High Yield Bond means a debt security which, on acquisition by the Issuer, is either rated below investment grade by at least one internationally recognised credit rating agency (provided that, if such debt security is, at any time following acquisition by the Issuer, no longer rated by at least one internationally recognised credit rating agency as below investment grade it will not, as a result of such change in rating, fall outside this definition) or which is a high yielding debt security, in each case as determined by the Investment Manager.

High Yield Bond means a debt security other than a Senior Secured Bond which, on acquisition by the Issuer, is either rated below BBB- by S&P or Fitch or equivalent by at least one internationally recognised credit rating agency (provided that, if such debt security is, at any time following acquisition by the Issuer, no longer rated by at least one internationally recognised rating agency as below investment grade, it will not, as a result of such change in rating, fall outside this definition) or which is a high yielding debt security, in each case as determined by the Portfolio Manager, excluding any debt security which is secured directly on, or represents the ownership of, a pool of consumer receivables, auto loans, auto leases, equipment leases, home or commercial mortgages, corporate debt or sovereign debt obligations or similar assets, including, without limitation, collateralised bond obligations, collateralised loan obligations or any similar security.

High Yield Bond means a corporate debt security which, at the time it is acquired by the Issuer, has an S&P Rating of below "BBB-" and a Moody's Rating below "Baa3".

High Yield Bond means a corporate debt security which is rated below investment grade.Highest Ranking Class" means, on any date of determination, the Class of Secured Notes (other than the Class X Notes) that is rated by S&P and does not have a Priority Class.

High Yield Bond means a Collateral Obligation that is a debt security which, on acquisition by the Issuer, is a high yielding debt security as determined by the Collateral Manager, excluding any debt security which is secured directly on, or represents the ownership of, a pool of consumer receivables, auto loans, auto leases, equipment leases, home or commercial mortgages, corporate debt or sovereign debt obligations or similar assets, including, without limitation, collateralised bond obligations, collateralised loan obligations or any similar security.

High Yield Bond means (a) a debt security (issued by means of a public offer) which is a high yielding debt security, in each case as determined by the Portfolio Manager in its sole and absolute discretion (which shall not be called into question as a result of subsequent events), excluding any debt security which is secured directly on, or represents the ownership of, a pool of consumer receivables, auto loans, auto leases, equipment leases, home or commercial mortgages, corporate debt or sovereign debt obligations or similar assets, including, without limitation, collateralised bond obligations, collateralised loan obligations or any similar security; or (b) a Synthetic Security, the Reference Obligation applicable to which is a high-yield bond of the type described in paragraph (a) above.