Sentences with phrase «entire bond principal»
Balloon Payment A balloon payment is a single future payment of the entire bond principal when the borrower makes periodic interest - only payments.
http://www.nalhfa.org/ Not exact matches
The muni bond has several maturity dates in which a portion of the principal comes due on a separate date until the entire principal is repaid.
As I found out, until 2004, CST always held it's entire bond portfolio through to maturity as the whole basis of the fund has been in safe, secure investments with guaranteed principal.
The maturity date of a bond is the date after which the entire principal amount that you paid while purchasing the bond, will be returned back to you.
One important point to note as repetitively mentioned in this article is that when you choose to sell your existing bonds before the maturity date, there is no guarantee that you will get back the entire principal amount that you spent while purchasing the bonds and this is entirely dependent on the current value of the bond and the interest rate.