Federal Credit Union & Financial Services of Index

What Is The Meaning Of Secured Loan

A secured loan is a type of loan wherein the borrower pledges an asset like car, home or property as collateral for the loan amount. The loan amount is secured against the collateral and incase the borrower defaults on the loan, the lender can take possession of the secured asset and sell it to recover the money lent to the borrower.

International Bond Market

International bond market is quite enormous with a huge number of participants from various countries all over the world. The size of this market is about $47 trillion. The US bond market, the largest player in the world, holds an outstanding amount of $25 trillion.