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Which type of bond is not secured by any type of asset, but backed only by the borrower’s promise to pay?.
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Which type of bond is not secured by any type of asset, but backed only by the borrower’s promise to pay?.

User John Douthat
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Debenture bonds because and trying to determine the best strategy to help get yourself back on solid financial footing, one of the most important steps you can take is to determine what type of debts you have. In most cases, debts tend to fall into one of two categories:
User TJB
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