Subordinated bonds are paid after other debt should a company fall into bankruptcy.

次级债是一种后偿债券，一旦企业破产，这种债券的索偿权排在其他证券之后。

youdao

Subordinated bonds are paid after other debt should a company fall into bankruptcy.

次级债是一种后偿债券，一旦企业破产，这种债券的索偿权排在其他证券之后。

youdao