Bond Indenture
Bond Indenture definition :
Contract that sets forth the promises of a bond issuer and the rights of investors.
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bond indenture
A document that discloses various conditions and terms of the company's bonds. It would include the call price, collateral, ramifications if interest is not paid, etc.
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Bond indenture
A contract or agreement between the issuer and the bondholder, which sets forth all the obligations of the issuer. ...
BOND INDENTURE - A document that sets forth the terms of a bond issue, the obligations of a bond issuer...
BOND INDEXING - Designing a bond portfolio so that its performance will match the performance of some b...
Bond indenture
The contract that sets forth the promises of a corporate bond issuer and the rights of
investors.
Bond indexing ...
Bond Indenture: A legal document that outlines the agreement between and restrictions on the actions of a lender, or set of lenders, and a borrower in a bond issue.
Bond Indenture (also trust indenture or deed of trust) is a legal document issued to lenders and describes key terms such as the interest rate, maturity date, convertibility, pledge, promises, representations, covenants, ...
Bond Indenture
A legal statement enumerating duties of the issuer and rights of the holder.
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Bond indenture
Contract that sets forth the promises of a bond issuer and the rights of investors.
Bond indexing
Designing a bond portfolio so that its performance will match the performance of some bond index.
Bond indentures can include a variety of provisions. A call provision grants the issuer an option to redeem bonds early.
bond indenture
agreement between a bond issuer and holder covering the terms of issue; also called deed of trust.
Bond indenture The that sets forth the promises of a corporate bond and the rights of investors.
Bond indexing Designing a so that its performance will match the performance of some index.
Bond-equivalent basis The method used for computing the .
Bond indenture
A bond debenture is a formal bond agreement specifying the terms of the bonds and the rights and duties of both the issuer and the bondholder.
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A bond indenture restriction that permits additional borrowing on if the ratio of assets to
debt does not fall below a specified minimum.
Cash flow coverage ratio ...
Provision of a bond indenture that governs the issuers ability to call the bonds for redemption prior to their scheduled maturity date.
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Provisions in a bond indenture or preferred stock agreement that require the bond or preferred stock issuer to take certain specified actions (affirmative covenants) or to refrain from taking certain specified actions (negative covenants).
A provision in a bond indenture that restricts the issuer's future borrowing by subordinating future lenders' claims on the firm to those of the existing bondholders.
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Default The failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bond indenture. A breach of a covenant.
[Harvey] asset-coverage test A bond indenture restriction that permits additional borrowing on if the ratio of assets to debt does not fall below a specified minimum.
Sinking fund requirement A condition included in some corporate bond indentures that requires the issuer to retire a specified portion of debt each year. Any principal due at maturity is called the balloon maturity.
Legal defeasance The deposit of cash and permitted securities, as specified in the bond indenture, into an irrevocable trust sufficient to enable the issuer to fully discharge its obligations under the bond indenture.
Any-interest-date A call provision in a municipal bond indenture that establishes the right of redemption for the issuer on any interest payment due date. Any-or-all bid Often used in risk arbitrage.
Bond covenant A contractual provision in a bond indenture. A positive covenant requires certain actions, and a negative covenant limits certain actions. Bond equivalent yield Bond yield calculated on an annual percentage rate method.
Optimal redemption provision Provision of a bond indenture that governs the issuer's ability to call the bonds for redemption prior to their scheduled maturity date.
Sinking Fund A requirement specified in a bond indenture that obligates the firm to annually retire a specified portion of the debt.
Eligible for refunding under the terms of a bond indenture.
Refunded bond ...
Definition: [crh] The deposit of cash and permitted securities, as specified in the bond indenture, ...
A condition included in some corporate bond indentures that requires the issuer to retire a specified portion of debt each year. Any principal due at maturity is called the balloon maturity.
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The specific terms of a bond issue are specified in a bond indenture. This indenture is a written document defining the terms of the bond issue.
OPEN-END INDENTURE " A secured bond indenture which allows the repledging of collateral for additional bonds. Usually subject to certain limitations. See: Additional Bonds Test.
OPEN-END INVESTMENT COMPANY " See: Investment Company.
Covenant: A pledge in a bond indenture indicating the fulfillment of a promise or agreement by the company issuing the debt. An example of a covenant may include the promise not to issue any more debt.
A call provision in a municipal bond indenture that establishes the right of redemption for the issuer on any interest payment due date.
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Personal Finance Glossary ...
Open End Indenture
A secured bond indenture that allows collateral to be repledged for the issuance of additional bonds.
See: Additional Bonds Test; Collateral; Indenture; Pledge ...
Default. The failure of a debtor to comply with a provision of a bond indenture or loan agreement (commonly known as a technical default) or to make timely payment of interest or principal when due.
Exactly what an investor owns when purchasing shares in a mutual fund may be a bit confusing to the novice investor. You do not receive stock certificates or bond indentures; but if the fund prospers,…
Annuities vs. Money Market Investments ...
Refundable
Eligible for refunding under the terms of a bond indenture.
The contract that sets forth the promises of a corporate bond issuer and the rights of investors is called a bond indenture.
This is clause is used to provide extra protection to lenders. The clause ensures that new purchases can be seized if previously held loan payments are defaulted. This type of clause is commonly included in bond indentures and mortgage agreements.
Indenture - The legal document that specifically states the conditions under which a bond has been issued, the rights of the bondholders, and the duties of the issuing corporation; also called bond indenture or deed of trust.
Nonrefundable A bond indenture condition that restricts a bond from being refunded. Note A debt security with an initial maturity of more than one year, and less than 10 years.
bond indenture A written agreement between the issuer of a bond and his/her bondholders, generally... bond market The market in which instruments of fixed-income debt are issued and traded....
 See also: Indenture, Expense, Banks, Funding, Saving
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