Listening 2

This time listen to Richard Mahoney, defining three different types of bonds. After listening to the definitions, try to work out:

1. When would companies be interested in issuing floating rate notes?

2. When would investors be interested in buying floating rate notes?

3. When would investors be interested in buying convertible bonds?

4. Why might companies be interested in issuing convertible bonds?

5. What kind of investor would be interested in buying junk bonds?