bond-basics

Bullet Maturity

A single, fixed Principal payment at Maturity with no Mandatory Sinking Fund Redemption feature.


See Also

Maturity Date

The date upon which the principal of a bond becomes due and payable to the bond owner.

Serial Bonds

Maturities of a bond issue which mature in consecutive years or other shorter periods.

Hudson Yards Rail Yards

Start with the Bond Basics

Debt Service

The amount of principal and interest required to be paid on an issue of bonds.