UK Accounting Glossary
A bond on which interest accrues but is not paid to the investor during the time of accrual. The amount of accrued interest is added to the remaining principal of the bond and is paid at maturity.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Accrual Bond are sourced/syndicated and enhanced from:
This glossary post was last updated: 6th February 2020.