variable-rated demand bond
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variable rated demand bond — ( VRDB) floating rate bond that periodically can be sold back to the issuer. Bloomberg Financial Dictionary … Financial and business terms
Variable rated demand bond (VRDB) — Floating rate bond that can be sold back periodically to the issuer. The New York Times Financial Glossary … Financial and business terms
Bond insurance — (also known as financial guaranty insurance ) is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or… … Wikipedia
VRDB — ( variable rated demand bond) floating rate bond that periodically can be sold back to the issuer. Bloomberg Financial Dictionary … Financial and business terms
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