low-grade

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High-Yield Bond

A bond with a low rating. Bonds rated less than Baa3 by Moody's or BBB- by S&P or Fitch are considered high-yield bonds. They have higher yields because they have a higher risk of default on the part of the issuer. High-yield bonds are considered sufficiently high-risk that the law does not allow banks to invest in them. They are also called low-grade bonds, and, informally, junk bonds.

low-grade

Of or relating to debt that has a credit rating of B or below. Low-grade debt offers an above-average yield but entails substantial risk because promised payments may not be made in a timely manner.
References in periodicals archive ?
Devise corrective measures for pipeline projects by understanding Indolent Lymphoma pipeline depth and focus of Indolent Lymphoma therapeutics.
High anti-lymphoma activity of bendamustine /mitoxantrone/rituximab in rituximab pretreated relapsed or refractory indolent lymphomas and mantle cell lymphomas.
Rituximab was introduced a decade ago for management of indolent lymphomas (7-8).
8) Unfortunately, well-defined treatment strategies in SMZL and other indolent lymphomas have not been described.
Update on a Prospective Study Evaluating the Safety and Efficacy of Combination Therapy with Fludarabine, Mitoxantrone, and Rituximab Followed by Yttrium-90 Ibritumomab Tiuxetan and Maintenance Rituximab as Front Line Therapy for Patients with Indolent Lymphomas
SLL treated in a similar fashion to indolent lymphomas 71
Non-Hodgkin's lymphomas can be divided clinically into two general categories: indolent lymphomas, mainly typified as follicular lymphomas, that tend to grow relatively slowly, and aggressive lymphomas, mainly typified as DLBCL, which grow more rapidly.