Maturity Date
The date upon which the principal of a bond becomes due and payable to the bond owner.
bond-basics
Bullet Maturity
A single, fixed Principal payment at Maturity with no Mandatory Sinking Fund Redemption feature.
See Also
Serial Bonds
Maturities of a bond issue which mature in consecutive years or other shorter periods.
Start with the Bond Basics
Hundreds of Terms and Concepts
Governmental (Purpose) Bonds
Bonds issued by an issuer to finance all or a portion of its own project and that do not satisfy both the Private Business Tests and the Private Loan Financing Test.