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Junk bonds

In the high-yield sector (high-interest sector), junk bonds are bonds from issuers that do not meet the usual creditworthiness requirements for bonds. At the same time, an above-average interest rate is offset by an above-average risk that investors will not get their invested capital repaid in part or in full.

Information for private investors / consumers

The information, materials and services relating to financial instruments and securities provided by Erste Group Bank AG or any company of its group of credit institutions (collectively "Erste Group") on this site and any of the following linked websites (collectively the “Websites”) are intended exclusively for investors who are not subject to any legal restrictions on sale or purchase (each an “Interested Party“).

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In particular, neither Erste Group nor any third party shall provide access to the Websites or offer the products displayed thereon to citizens/residents of the United States and “U.S. persons” as defined in Regulation S under the U.S. Securities Act of 1933, as amended. Accordingly, any distribution or redistribution of the above-referenced information, materials and products in the United States or in any other jurisdiction where this is not permitted under applicable law, as well as to the citizens/residents of these countries shall be prohibited. The securities referenced on the Websites have not been and will not be registered under the U.S. Securities Act of 1933, and trading in these securities has not been approved for the purposes of the U.S. Commodities Exchange Act of 1936. Therefore, such securities may, inter alia, not be offered, sold or delivered in the United States or to, or for the account and benefit of, U.S. persons.

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