bond-basics

Basis Point

One one-hundredth of one percent (.01%). Example: 0.04% is four Basis Points, so 5.49% is four Basis Points more than 5.45%.

Preparing Bonds

Learn about over various terms and concepts that may arise while preparing a bond issue.


See Also

Point

One percent or 1%.

Interest Rate

The rate expressed as a percentage of the principal amount of a bond used to determine the amount of interest to be paid by the issuer or the borrower.

Hudson Yards Rail Yards

Start with the Bond Basics

Debt Service Reserve Fund

The fund established as a reserve for payment of debt service on revenue bonds in the event there is insufficient money to make a debt service payment.