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July 1 of next year to make a comparative study between the investment in a high yield non-investment grade bonds and other types of investments made by federally insured institutions during the 5 year period prior to this legislation.

Capital Adequacy in the Savings and Loan Industry: Field Hearing Before the ... - Page 18
by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on General Oversight and Investigations - 1988 - 82 pages
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High Yield Bonds: Nature of the Market and Effect on Federally Insured ...

United States. General Accounting Office - Bonds - 1988 - 334 pages

...Comptroller General, by July 1, 1988, to make a comparative study between the issuance of and investment in high yield noninvestment grade bonds and other types...investments made by federally insured institutions. . .." I emphasize the word "comparative. " As the discussion above on default risk suggests, there...

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