A bond swap is when an investor exchanges one bond for another. It is done to achieve a better interest rate, lower risk, or change the duration of the investment. Full definition
To learn more about what bond swapping may mean to you, consider your objectives and discuss them your financial consultant. (investinginbonds.com)
There are several reasons why an investor would want to consider bond swapping or why a financial professional may advise it for a client, such as adding diversity to a portfolio, lowering taxes or taking advantage of anticipated interest rate changes. (us.etrade.com)
The government has suspended a recall referendum drive against hapless President Maduro even as it tries to entice creditors of ailing state oil firm PDVSA to accept a sweetened bond swap. (breakingviews.com)