term bonds

Term bonds

Bonds whose principal is payable at maturity. Often referred to as bullet-maturity bonds or simply bullet bonds. Related: Serial bonds.

Term Bond

An issue of bonds that mature at the same time. Corporate bonds are sometimes term bonds. In these situations, a corporation issues bonds and sells them to whatever person or institution will buy them; all the bonds mature at the same time. Both municipal bonds and corporate bonds combine aspects of both term and serial issuances in which some parts of the issue mature at various times, but in which the bulk matures all at once. See also: Serial bonds.

term bonds

Any of various bonds that mature on the same date. Corporate bond issues are often of the term variety because all the bonds of a given issue are scheduled to mature simultaneously. Municipalities often issue a combination of serial and term bonds with periodic retirements of serial bonds and then a redemption of a block of term bonds during the final year. See also serial bonds.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

References in periodicals archive ?

That's because longer term bonds require people to lock their money up for a greater period of time -- and investors want to be compensated for that risk.

Analysis: What is an 'inverted yield curve,' and why does it matter?

The Long-term 'AA'/Stable Outlook ratings assigned to the series G-3 and G-3A Floater and Residual Certificates and Custodial Receipts are based on the higher of the ratings that Fitch has assigned to the State of Connecticut General Obligation Bonds (2015 Series B)5.00% term bonds due June 15, 2028 (G-3)and the State of Connecticut General Obligation Bonds(2015 Series B)5.00% term bonds due June 15, 2029 (G-3A) (rated 'A+'/Stable Outlook) deposited with the custodian and the irrevocable direct-pay letters of credit (LOC) issued by Royal Bank of Canada, acting through a New York branch (RBC, rated 'AA/F1+'/ Stable Outlook), which have a stated expiration date of June 7, 2019, unless such date is extended or earlier terminated, which secures the custodial receipts deposited in the trust.

Fitch Ratings assigns ratings to RBC Municipal Floater Certificates

At the same time however an increase in the depth of Cypriot bonds in the markets might constitute a reason favourable to going ahead with a bond issuance as well as the further normalisation of the maturity profiles through repurchasing or exchanging short term bonds with longer term bonds.

Georgiades to present cabinet with fiscal stability programme

and Adjunct Professor of Finance at DePaul University, released new findings that show that investors with significant exposure to long term bonds may be able to protect themselves through allocations to commodities—in particular, via exposure to the oil-related energy sector.

New Study Shows Oil Investments May Protect Against Bond Declines

Considering that foreign investors are mostly interested in long- term bonds, the 10-year auction results can provide some color regarding foreign investor appetite.

Turkey: Treasury auctions spark foreign interest at raised yields

Finance Minister Charilaos Stavrakis announced on Tuesday that the Government will issue new long term bonds to the international markets around mid January in order to meet public needs for the 2010, which approach 2.5 billion euros.

Cyprus Government to issue new long term bonds

The bank will exchange bonds issued in 2006 that mature in 2016 and which are trading below face value for shorter term bonds that mature in 2012 in a move to strengthen its balance sheet.

Emirates NBD in $1b Bond Swap

Yields on long term bonds are higher than yields on short term bonds; with the yield on the 3 month T-bill hovering around 5.07% well above the 4.7ish range of the 10 year note.

Good news for developers as modest growth is forecast for 2007

The Long-term 'AA'/Stable Outlook ratings assigned to the series G-1 and G-2 Floater and Residual Certificates and Custodial Receipts are based on the higher of the ratings that Fitch has assigned to the State of California Tax-Exempt Various Purpose General Obligation Refunding Bonds 5.00% term bonds due Sept.