extendable bond

Extendable bond

Bond whose maturity can be extended at the option of the holder (investor).

Extendable Note

A bond in which the date of maturity may be extended. Whether the issuer, bondholder, or both have the authority to extend the maturity depends upon the specific terms of the bond agreement. If a maturity is extended, the issuer continues to pay coupons. Thus, extendable notes usually sell at a higher price than other bonds because there is the possibility for a higher return. They are also called extendable bonds.

extendable bond

A long-term debt security that permits the owner to extend the maturity such that interest payments continue and the principal repayment is delayed beyond the original date. This relatively rare type of bond works to the advantage of investors during periods of declining interest rates.

单词	extendable bond
释义	extendable bond Extendable bond Bond whose maturity can be extended at the option of the holder (investor). Extendable Note A bond in which the date of maturity may be extended. Whether the issuer, bondholder, or both have the authority to extend the maturity depends upon the specific terms of the bond agreement. If a maturity is extended, the issuer continues to pay coupons. Thus, extendable notes usually sell at a higher price than other bonds because there is the possibility for a higher return. They are also called extendable bonds. extendable bond A long-term debt security that permits the owner to extend the maturity such that interest payments continue and the principal repayment is delayed beyond the original date. This relatively rare type of bond works to the advantage of investors during periods of declining interest rates.
随便看	cfpc cfpca cfpcgp cfpcu cfpd cfpdc cfpdm cfpdp cfpds cfpe cfpea cfpf cfpfa cfpg buttressed buttressedly buttressed up buttresses buttresses up buttress foot buttress graft buttressing buttressing effect buttressing up buttress pier