Brodie Johnson – the former head of Residual Trading at Merrill Lynch – worked in the fields of investment banking and bond trading for more than 35 years.

1. What to Know About Bonds
Brodie Johnson, Formerly of Merrill Lynch

2. Brodie Johnson – the former head of Residual Trading at
Merrill Lynch – worked in the fields of investment banking and
bond trading for more than 35 years.
Brodie Johnson, Formerly of Merrill Lynch

3. Now semi-retired and pursuing his own investment strategies,
Johnson advises and utilizes ideas based on the combination
of creative thinking and insight gleaned over decades of
experience in the financial sector.
Brodie Johnson, Formerly of Merrill Lynch

4. As someone with an in-depth understanding of bond trading,
Brodie Johnson – formerly of Merrill Lynch – knows those
features so important to look for when considering the
purchase of a bond. Some of these features include:
● Maturity
● Liquidation preference
● Secured or unsecured
Brodie Johnson, Formerly of Merrill Lynch

5. The date when the organization’s bond obligation will come to
an end – as well as when the principal will be paid to
investors.
Maturity

6. if/when a company goes bankrupt, the bond’s liquidation
preference shows in what order investors will be paid back as
it liquidates its assets.
Liquidation preference

7. Unsecured bond interest payments and principal are only
guaranteed by the credit of the issuer. Secured bonds involve
the pledge of specific assets to bondholders should the issuer
be unable to repay the obligation.
Secured or unsecured

8. Thank You..