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What is the term coined by the staff of Goldman Sachs for bonds that were thought to be dead and on which trading was later resumed?
Question
#45274. Asked by McGruff.
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McGruff
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[May 10 00 4:03 PM] McGruff writes: Zombie bonds are bonds that were thought to be valueless (dead) for which trading resumes. The term was first attributed to traders at Goldman Sachs, a large New York investment company.
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