refunded bond

refunded bond
Also called a prerefunded bond, a bond that originally may have been issued as a general obligation or revenue bond but that is now secured by an escrow fund consisting entirely of direct U.S. government obligations that are sufficient for paying the bondholders. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Refunded Bond — Bonds that have their principle cash amount already held aside by the original issuer of the debt. A subset of the municipal and corporate bond classes, the funds required to pay off refunded bonds are held in escrow until the maturity date,… …   Investment dictionary

  • Refunded bond — Also called a prerefunded bond, one that originally may have been issued as a general obligation or revenue bond but that is now secured by an escrow fund consisting entirely of direct U.S. government obligations that are sufficient for paying… …   Financial and business terms

  • bond refunding — A situation that occurs when a firm redeems a callable bond issue and sells a generally lower interest cost issue to take its place. A bond is refunded when a municipality or state calls in an existing bond, usually when interest rates have… …   Black's law dictionary

  • bond refunding — A situation that occurs when a firm redeems a callable bond issue and sells a generally lower interest cost issue to take its place. A bond is refunded when a municipality or state calls in an existing bond, usually when interest rates have… …   Black's law dictionary

  • Prerefunded bond — Refunded bond. The New York Times Financial Glossary …   Financial and business terms

  • prerefunded bond — Refunded bond. Bloomberg Financial Dictionary …   Financial and business terms

  • bid bond — A bid performance bond consisting of a small percentage (1 3%) of the tender contract price, refunded to losers once the contract is awarded. Bloomberg Financial Dictionary * * * bid bond bid bond ➔ bond * * * bid bond UK US noun [C] ► …   Financial and business terms

  • Рефинансирование — Рефинансирование  привлечение кредитными организациями дешёвых краткосрочных межбанковских ссуд или кредитов центрального банка для обеспечения выданных банком кредитов. Чтобы выдать кредит, необходимо обладать соответствующим финансовым… …   Википедия

  • Рефинансированная облигация — в США облигация, изначально выпущенная как облигация под общие обязательства или доходная облигация, но в настоящий момент обеспеченная фондом эскроу , состоящим исключительно из прямых государственных облигаций США, достаточных для выплат… …   Финансовый словарь

  • Рефинансированная облигация — Рефинансирование  привлечение кредитными организациями дешёвых краткосрочных межбанковских ссуд или кредитов центрального банка для обеспечения выданных банком кредитов. Чтобы выдать кредит, необходимо обладать соответствующим финансовым ресурсом …   Википедия

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”