serial bond
A bond issued with a series (or staggering) of maturity dates.
» For more clarity on this term: ...
Serial bonds
Corporate bonds arranged so that specified principal amounts become due on specified dates.
Related: term bonds.
Related Terms: ...
Serial Bond With Balloon
A combination of a serial bond issue and a term bond issue.
Serial bonds
Definition: [crh] Corporate bonds arranged so that specified principal amounts become due on specified dates. Related: TeDefinition: rm bonds.
Serial bond. An issue that matures in part at periodic stated intervals.
Serial Bonds
An issue of bonds that matures over a period of years.
Serial Maturity ...
serial bond
A bond that provides for the amount of debt to be divided into a series of different staggered maturities.
Serial bond - An issue that matures in part at periodic stated intervals.
Serial Bond or Debenture A bond or debenture issue in which a predetermined amount of the principal becomes due and payable each year.
SERIAL BONDS - Bonds for which the principal is repaid in periodic installments over the life of the issue.
Serial Bonds (in accounting)
Near Money (business term)
Deferred Interest (in banking)
Nonrefundable (business term) ...
serial bonds
bonds that mature in installments rather than at one maturity date. They are typically issued by a municipality. Each bond certificate has a given redemption date.
...
Serial Bonds - Is an issuance of bonds which have different maturity dates for the principal. Often these bonds are issued on a year-by-year basis but there can be maturity gaps as well.
Serial bonds are debt offerings where specific portions of the debt issue mature periodically over the issue’s life. In effect the bonds have staggered maturities depending on the serial number that they bear.
Service department ...
Serial Bond or DebentureExpand/Collapse
A bond or debenture issue in which a predetermined amount of the principal becomes due and payable each year.
Settlement DateExpand/Collapse ...
A serial bond offering whose bonds with earlier maturity dates have higher yields than bonds with later maturity dates.
Inverted yield curve
When short-term interest rates are higher than long-term rates. Antithesis of positive yield curve.
In some serial bond issues or mortgages an extra-large amount may mature in the final year of the series - the "balloon" payment.
Bank of Canada ...
Inverted Scale
Serial bond issue in which earlier maturities have higher yields than later maturities.
See: Maturity Date; Yield ...
Inverted scale
A serial bond offering whose bonds with earlier maturity dates have higher yields than bonds with later maturity dates.
In the context of serial bond issues, the elevated coupon rate on bonds with late maturity's.
[ Previous Page ]
Personal Finance Glossary ...
The redemption of a serial bond.
Series
Options: All option contracts of the same class that also have the same unit of trade, expiration date, and exercise price.
Balloon interest In the context of serial bond issues, the elevated coupon rate on bonds with late maturities. Balloon maturity Any large principal payment due at maturity for a bond or loan with or without a sinking fund requirement.
com serial bond A set of bonds issued at the same time but having different maturity dates. Also known as installment bond. serial correlation The correlation of a variable with itself over successive time intervals. Technical...
Offering scale The range of prices offered by the underwriter of a serial bond issue with different maturities.
Related: Serial bonds. Term certificate A certificate of deposit with a longer time to maturity. Term Fed funds Fed funds sold for a period of time longer than overnight.
Related: serial bonds Tenor Maturity of a loan. Term Fed Funds Fed Funds sold for a period of time longer than overnight. Term life insurance A contract that provides a death benefit but no cash build-up or investment component.
Related: serial bonds Term Fed Funds Fed Funds sold for a period of time longer than overnight. Term insurance Provides a death benefit only, no build-up of cash value.
serial bonds A group of bonds issued at the same time but maturing at different dates. Series EE Bond A registered bond that is a U.S. Government obligation. These bonds are issued at a discount par, sold in face amounts of $25 to $10,000.
SERIAL BONDS A type of bond usually issued by a municipality with varying maturity dates. The maturity dates are scheduled to mature at regular intervals until all bonds in the series are retired.
Sinking fund and serial bonds are not types of bonds, just methods of retiring them. The sinking fund method, in which money is set aside each year to retire debt, is most commonly used for corporate debt.
Balloon Interest - An increased coupon rate on the longer term maturity instruments within a serial bond issue. In a serial issue, bonds mature at different intervals, creating a string of short- to long-term instruments.
Similar financial terms
Serial bonds
Corporate bonds arranged so that specified principal amounts become due on specified dates.
AMORTIZATION OF DEBT - The annual reduction of principal through the use of serial bonds or term bonds ...
AMORTIZATION PERIOD - For financial instruments, the time from the inception of a loan or investment in...
SCALE " Reoffering yields for each maturity of a serial bond issue.
SCIP CERTIFICATE " A fractional share of a stock issued by a corporation.
A summary of the amount and prices of a serial bond issue that is still available for purchase.
The range of prices offered by the underwriter of a serial bond issue with different maturities.
Offering statement ...
Optional Redemption - The ability of an issuer to redeem bonds at a price above par (in most cases) in 5 or 10 years from the original issue date. Serial bonds, which at the time of issue were due in less than 5 or 10 years, ...
Often referred to as bullet-maturity bonds or simply bullet bonds, bonds whose principal is payable at maturity. Related: serial bonds
Term Fed Funds
Fed Funds sold for a period of time longer than overnight.
In the case of serial bonds, part of the issue is called in and paid for in full each year. Bonds were sold by the U.S. government to finance both World Wars and are still an important money-raising device.
Serial Bond
A bond that is arranged to be repaid in instalments over a period of time or a set of bonds issued simultaneously but with different maturit...(Read more)
Series ...
 See also: Indenture, Term bonds, Expense, Funding, Banks
  
|
RSS
