Across
- 3. An unsecured corporate bond backed only by the issuer's creditworthiness.
- 5. A short-term U.S. government bond sold at a discount with no coupon payments.
- 7. A secured corporate bond backed by real estate as collateral.
- 8. A bond that the issuer can redeem before its maturity date at a specified price.
- 9. A bond whose ownership is recorded by the issuer.
Down
- 1. A municipal bond repaid from revenues generated by a specific project.
- 2. A bond issued by a state or local government, often exempt from federal taxes.
- 4. Debt that is not publicly traded and is generally less liquid.
- 6. A bond owned by whoever physically holds the bond certificate.