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
Underwriter’s Discount
The difference between the amount an underwriter pays the issuer for the bonds at the closing (i.e., the purchase price) and the price at which the underwriter sells the bonds to the public (i.e., the issue price).