What is the meaning of Collateral Trust Bond?

Collateral Trust Bond is a security issued by a corporation and is secured by other securities. This bond compares to Mortgage Backed Securities which are secured by real property or unsecured bonds. Depending on the underlying collateral and the terms of the issue, these bonds can offer somewhat better financing rates to the issuer.

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APABarry Goldsmith. (2010). collateral trust bond. Retrieved September 21, 2026, from http://smartdefine.org/collateral_trust_bond/definitions/1150154
ChicagoBarry Goldsmith. 2010. "collateral trust bond" http://smartdefine.org/collateral_trust_bond/definitions/1150154 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, collateral trust bond, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/collateral_trust_bond/definitions/1150154>.
MLABarry Goldsmith. "collateral trust bond" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/collateral_trust_bond/definitions/1150154>