income bond
Dictionary: income bond
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Current income bond
If you have a bond that pays you extra money (interest) every six months, you have a current income bond. For these bonds, the face amount always stays the same.
Income Bonds
Bonds issued by a corporation in poor financial condition, interest is paid only if earned by the issuer. These bonds are speculative instruments that pay high rates of interest for its high risks.
Income bond fund
A mutual fund that seeks a high level of steady income by investing in a mix of corporate and government bonds.
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Income Bond
A type of debt security in which only the face value of the bond is promised to be paid to the investor, with any coupon payments being paid only if the issuing company has enough earnings to pay for the coupon payment.
Indenture ...
Income bond - Generally income bonds promise to repay principal but to pay interest only when earned. In some cases unpaid interest on an income bond may accumulate as a claim against the corporation when the bond becomes due.
Income Bond - A bond that promises to pay interest only when earned by the firm. Income bonds are typically exchanged for outstanding bonds of a bankrupt company being reorganized. Also known as "adjustment bond." ...
Income Bonds - Bonds issued when the ability of the issuing company to pay interest is questioned. They are speculative instruments that pay high rates of interest.
Income bond: A bond on which interest is paid "when, as, and if earned." It is normally issued by companies in bankruptcy. Also called "adjustment bond." ...
Flat Income Bond
This term means that the price at which a bond is traded includes consideration for all unpaid accruals of interest. Bonds that are in default of interest or principal are traded flat.
Income bond
A bond on which the payment of interest is contingent on sufficient earnings. These bonds are commonly used during the reorganization of a failed or failing business.
See income bond.
Learn more about adjustment bond
» adjustment bond business definition ...
Current income bonds
Bonds paying semiannual interest to holders. Interest is not included in the accrued discount.
REXâ A price index for all fixed-income bonds, debt obligations, and Treasury bills of the German federal government, Treuhandanstalt, and the German Unity Fund.
Bonds And Risk
Fixed Income Bonds
Fixed Income Investment
Related Definitions ...
accrued interest: Interest accrued on a bond since the last interest payment was made. The buyer of the bond pays the market price plus accrued interest. Exceptions include bonds that are in default and income bonds.
Series A, B, C, D, E, EE, F, I, and J are Discount or accrual bonds, meaning Principal and Interest are paid when the bonds are redeemed. Series G, H, HH, and K are current-income bonds, ...
5 billion in government notes, $2.1 billion in munis, $2.8 billion in corporate debt, and $1.6 billion in agency residential mortgage-backed securities. Is this an Internet advertising specialist or a fixed-income bond fund?
 See also: Income, Bonds, Stock, Investment, Interest
  
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