Extendible Bond

Extendible Bond
   A bond on which terms are reset for a further period beyond the initial maturity date. Typically both the borrower and the investor will have the right to redeem the bonds at these refixings.

Financial and business terms. 2012.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Extendible Bond — ⇡ Anleihe mit dem Recht für den Inhaber, die ursprünglich vereinbarte Laufzeit bei gleichzeitiger Neufestlegung des Couponzinses zu verlängern. Gegensatz: ⇡ Retractible Bond …   Lexikon der Economics

  • extendible bond issue — A bond, the maturity of which can be extended at the option of all the parties …   Accounting dictionary

  • extendible bond issue — A bond, the maturity of which can be extended at the option of all the parties …   Big dictionary of business and management

  • Bond (finance) — In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity.… …   Wikipedia

  • Bond duration — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • Bond convexity — In finance, convexity is a measure of the sensitivity of the duration of a bond to changes in interest rates, the second derivative of the price of the bond with respect to interest rates (duration is the first derivative). In general, the higher …   Wikipedia

  • Bond market — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal …   Wikipedia

  • Municipal bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • Convertible bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • Zero-coupon bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

Share the article and excerpts

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