Brady Bonds

Filed Under » ,
Dictionary Says

Definition of 'Brady Bonds'

Bonds that are issued by the governments of developing countries. Brady bonds are some of the most liquid emerging market securities. They are named after former U.S. Treasury Secretary Nicholas Brady, who sponsored the effort to restructure emerging market debt instruments.
Investopedia Says

Investopedia explains 'Brady Bonds'

The price movements of Brady bonds provides an accurate indication of market sentiment toward developing nations. Most issuers are Latin American countries.

Related Definitions

  • Bond

    A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate. Bonds are used ...
    Read More »
  • Junk Bond

    A bond rated 'BB' or lower because of its high default risk. Also known as a "high-yield bond" or "speculative bond".
    Read More »
  • Sovereign Bond

    A debt security issued by a national government within a given country and denominated in a foreign currency. The foreign currency used will most likely be a hard currency, and may ...
    Read More »

Articles Of Interest

Partner Links