Church bonds are mortgage-backed securities issued by churches, usually to finance construction of new facilities or retire existing debt. The market for these bonds is growing, however, these securities are generally not listed on an exchange. Valuations are affected by several factors, including the size of the issue, the interest rate, and the quality of the collateral used to secure the bond. 1st Trade has an extensive network of buyers who are actively seeking to purchase church bonds, providing sellers the opportunity to achieve fair value for their assets.
