Define: Serial Bonds

UK Accounting Glossary

Definition: Serial Bonds


Quick Summary of Serial Bonds


Bonds that mature in instalments, rather than on one maturity date.




What is the dictionary definition of Serial Bonds?

Dictionary Definition


Serial Bonds are bonds that mature in instalments rather than on a single maturity date.


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Full Definition of Serial Bonds


Serial bonds (also known as instalment bonds) refers to a type of bond that matures in portions over several different dates.  Instead of facing a large lump-sum principal re-payment at maturity, an issuer can opt to spread the principal repayment over several periods.


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Examples of Serial Bonds in a sentence


The city issued 10-year, five percent serial bonds to this amount.

The yields from serial bonds ranged from 5.20 percent in 2000 to 6.20 percent in 2016.

 



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Serial Bonds. PayrollHeaven.com. Retrieved November 21, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/serial-bonds/

Definition Sources


Definitions for Serial Bonds are sourced/syndicated from:


This glossary post was last updated: 4th May 2019.