Definition of «bond contracts»

Bond contracts refer to a legal agreement between an issuer and a holder, where the issuer borrows money from the holder by issuing debt securities known as bonds. The bond is a loan made by an investor or institutional lender to the government or corporation in return for regular interest payments over time and the eventual repayment of the principal amount on maturity date. Bond contracts outline the terms and conditions under which the borrower agrees to repay the debt, including details about the interest rate, maturity date, call provisions, and other features specific to that bond issue.

Sentences with «bond contracts»

The federal «pay - to - play» rule does contain one exception: If bond contracts are awarded by competitive bidding, then the prohibition on campaign contributions does not apply. (ibtimes.com)
Open a futures account and short the government 10 year treasury bond contract. (money.stackexchange.com)
A lack of local government capacity and poor legal representation when first drafting bond contracts often put African governments at a disadvantage, the bank argues. (foreignpolicy.com)
(see all sentences)