6.5 Types of Corporate Bonds

In this section

• 6.5.1 Senior and Subordinated Debt
  Understand the differences between senior and subordinated debt in terms of repayment hierarchy, risk, and return profiles.
• 6.5.2 Callable and Convertible Bonds
  An exploration of callable and convertible bonds, their features, conditions, and impacts on both issuers and investors.
• 6.5.3 Secured and Unsecured Bonds
  An in-depth exploration of secured (collateralized) and unsecured (debentures) corporate bonds, detailing their characteristics and role in the investment landscape.