Not exact matches
an interest - bearing promise to pay a
specified sum of money (the principal amount)
on a specific
date;
bonds are a form of debt obligation; categories of
bonds are corporate, municipal, treasury, agency / GSE
an interest - bearing promise to pay a
specified sum of money (the principal amount)
on a specific
date;
bonds are a form of debt obligation; categories of
bonds are corporate, municipal, treasury, agency / GSE
When you purchase a municipal
bond, you are lending money to a state or local government entity, which in turn promises to pay you a
specified amount of interest and return the principal to you
on a specific maturity
date.
Call risk Some corporate, municipal and agency
bonds have a «call provision» entitling their issuers to redeem them at a
specified price
on a
date prior to maturity.
A feature which can be included in a new debt or preferred issue, granting the holder the option under
specified conditions to redeem the security
on a stated
date - prior to maturity in the case of a
bond.
A
bond option is the right, but not obligation, to buy (via a call) or sell (via a put) a
specified face value of
bonds at an agreed price (the strike price)
on or before the option expiration
date (in the case of American - style options) or only
on the expiration
date (for European - style options).
Bond: A long - term debt instrument with the promise to pay a
specified amount of interest and to return the principal amount
on a
specified maturity
date.