Discover how to earn on bonds with minimal risks. Learn about the different types of bonds, what to consider when selecting securities, and how to avoid common investor mistakes. Bonds for Investors: How to ... ... issuer ratings). What are Subordinated Bonds? Subordinated bonds are a special type of bond that are mainly issued by banks in Russia. They have a lower priority of payment: senior debts are serviced first, and subordinated bondholders receive payments ...