Fixed Rate BondA bond where the coupon's interest rate remains fixed for the entire term. Interest rate movements affect the bond's price not the coupon.
Floating Rate Note（FRN）A bond where the coupon's interest rate is changed periodically in accordance to a specific market rate.
Zero Coupon BondA bond that is issued and sold at a discount, pays no coupons and provides payment of the face value at maturity.
SyndicateA group of banks authorized to be involved as the creditor of part of loan transaction.
Junk BondA bond that is rated by a ratings agency as being below investment grade and investment in the bond is high risk.Investment GradeBond rated BBB and above or Baa and above by Standard & Poor's and Moody's Investor Service respectively.