From what I see the bond is an IOU just like a FRN and it is an asset within itself and doesnt need to be backed by anything?

DWQA QuestionsFrom what I see the bond is an IOU just like a FRN and it is an asset within itself and doesnt need to be backed by anything?
Cries4Freedom asked 10 years ago
From what I see the bond is an IOU just like a FRN and it is an asset within itself and doesnt need to be backed by anything?

TOS, Copyright, and Disclaimer