The term used to describe bonds which do not make interest payments to the bond holder is: subordinated bond. O junk bond. mortgage bond. O debenture. O zero coupon bond. The term used to describe high-risk bonds with ratings of BB or below is: O junk bond. O subordinated bond. O mortgage bond. O debenture. O zero coupon bond. Suppose Disney issues $150 million in new $1,000 par, U.S. dollar denominated Disney bonds to investors in other countries. These bonds are commonly referred to as: O foreign exchange bonds O Eurobonds mouse bonds O zero bonds O international bonds