Series 7: 2.8 Secured Bonds

Taken from our Series 7 Top-off Online Guide

2.8 Secured Bonds

Secured bonds are bonds backed by property or some other real asset, such as physical equipment, which serves as collateral for the loan. In the event of default, the property can be foreclosed on and sold off to repay the bond. Secured bonds are considered high-grade, safe investments because they are paid off first, ahead of all other bondholders. Because they are a safer investment, they generally pay a lower yield.

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Since you're reading about Series 7: 2.8 Secured Bonds, you might also be interested in:

Series 65 - Section Four

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Series 79 - 2.3.2. Types of Nonsystematic Risk

Series 63 - 5.8. Practical Application

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My oldest son purchased your Solomon audio exam guide to pass his Series 7, and I did the same for the Series 65 exam at his recommendation. Although I am 62 and have been out of college for forty(40) years, I passed my Series 65 exam on my first try. This would NOT have been possible without your excellent study materials. Thank you! for the service you provide to all aspiring test takers where so much is on the line!

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David Hartzell, Cornell Capital Management, New York

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