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" B generally lack characteristics of the desirable investment. Assurance of interest and principal payments or of maintenance of other terms of the contract over any long period of time may be small. Caa Bonds which are rated Caa are of poor standing.... "
Financial Markets: Issuers, Purchasers, and Purposes of High Yield, Non ... - Page 17
by United States. General Accounting Office - 1988 - 38 pages
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A Study of Federal Credit Programs: Subcommittee on Domestic ..., Volume 1

United States. Congress. House. Committee on Banking and Currency - Credit - 1964 - 332 pages
...maintenance of other terms of the contract over any long period of time may be small. Caa i , , ; _ • Bonds which are rated Caa are of poor standing. Such...often in default or have other marked shortcomings. C Bonds which are rated C are the lowest rated class of bonds and issues so rated can be regarded as...
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General Tax Reform (testimony from Administration and Public Witnesses ...

United States. Congress. House. Committee on Ways and Means - Taxation - 1973 - 432 pages
...interest and principal payments may be very moderate, and thereby not well safeguarded during both good and bad times over the future. Uncertainty of...often in default or have other marked shortcomings. Bonds which are rated C are the lowest rated class of bonds, and issues so rated can be regarded as...
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New York City Loan Guarantee Act: Hearings Before the Committee on Banking ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - Bonds - 1980 - 644 pages
...interest and principal payments may be very moderate, and thereby not well safeguarded during both good and bad times over the future. Uncertainty of...often in default or have other marked shortcomings. Bonds which are rated C are the lowest rated class of bonds, and issues so rated can be regarded as...
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New York City Loan Guarantee Act: Hearings Before the Committee on Banking ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - Bonds - 1980 - 644 pages
...be present elements of danger with respect to principal or interest. Ca Bonds which are rated C_£ represent obligations which are speculative in a high...often in default or have other marked shortcomings. Bonds which are rated C are the lowest rated class of bonds, and issues so rated can be regarded as...
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1981 Financial Condition and Bond Authorization Act: Hearings and Markups ...

United States. Congress. House. Committee on the District of Columbia. Subcommittee on Fiscal Affairs and Health - Bonds - 1982 - 338 pages
...interest and principal payments may be very moderate, and thereby not well safeguarded during both good and bad times over the future. Uncertainty of...often in default or have other marked shortcomings. Bonds which are rated C are the lowest rated class of bonds, and issues so rated can be regarded as...
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District of Columbia Bond Authorization Legislation: Hearings Before the ...

United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Governmental Efficiency and the District of Columbia - Bonds - 1981 - 122 pages
...rated B generally lack characteristics of the desirable investment. Assurance of interest and princial payments or of maintenance of other terms of the contract...often in default or have other marked shortcomings. Bonds which are rated C are the lowest rated class of bonds, and issues so rated can be regarded as...
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1981 Financial Condition and Bond Authorization Act: Hearings and Markups ...

United States. Congress. House. Committee on the District of Columbia. Subcommittee on Fiscal Affairs and Health - Bonds - 1982 - 332 pages
...may be present elements of danger with respect to principal or interest. Ca Bonds which are rated C£ represent obligations which are speculative in a high...often in default or have other marked shortcomings. Bonds which are rated C are the lowest rated class of bonds, and issues so rated can be regarded as...
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Investigation of Lincoln Savings & Loan Association: Hearings Before the ...

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs - Bank failures - 1989 - 964 pages
...Continued) Caa Bonds which are rated Caa are of poor standing. Such issues may bt in default or there Bay be present elements of danger with respect to principal...often in default or have other marked shortcomings. Standard and Poor's definition, which applies to the four classes of bonds that comprise "junk bonds...
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Investigation of Lincoln Savings & Loan Association: Hearings Before the ...

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs - Bank failures - 1990 - 1004 pages
...be present elements of danger with respect to principal or interest. Ça Bonds which are rated Ça represent obligations which are speculative in a high...often in default or have other marked shortcomings. Standard and Poor's definition, which applies со Che four classes of bonds that comprise "junk bonds,"...
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Investigation of Lincoln Savings & Loan Association: hearings before the ...

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs - 1990 - 968 pages
...N/A N/A $169,131 201,774 161,41! 233,256 348,590 351,068 283,374 327,126 276,580 (Footnote Continued) Caa Bonds which are rated Caa are of poor standing....often in default or have other marked shortcomings. Standard and Poor's definition, which applies to the four classes of bonds that comprise "junk bonds,"...
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