Brady Bonds

These are bonds issued by the governments of developing countries. Countries issue them to reduce their country's debt. The bonds were named after Nicholas Brady, the treasury secretary in the '80s who used them to try and help Latin American countries that had lots of debt. These babies were denominated in U.S. dollars and backed by the U.S. Treasury, which made them pretty attractive to investors.

And no, a mutual fund holding only Brady bonds is not called a "Brady Bunch." Nice try, though, Chuckles.