What is a eurobond why did these bonds come into existence


1. What does "investment grade" mean in the context of corporate bond issues? How do these bonds differ from junk bonds, and why have the latter proven so popular with investors?

2. What is a Eurobond? Why did these bonds come into existence? Why do Eurobond investors like the fact that these are typically "bearer bonds"? What risk does an investor run from holding bearer bonds rather than registered bonds?

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Finance Basics: What is a eurobond why did these bonds come into existence
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