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A type of bond issued by a company that is considered very risky by risk assessors like Standard & Poor's and Moody's.
© 2013 Investec Asset Management Limited
Issued by Investec Asset Management Limited, Registered office: Woolgate Exchange, 25 Basinghall Street, London, EC2V 5HA. Registered in England and Wales (Company No. 2036094). VAT No. 480912639. Authorised and regulated by the Financial Conduct Authority.Telephone: +44(0)20 7597 1900 Email: firstname.lastname@example.org