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

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Supplemental Indenture

A supplement to an outstanding indenture, entered into pursuant to the terms of an outstanding indenture and delivered in connection with the issuance of additional bonds, to cure an inconsistency or formal defect in the Indenture or to amend the indenture in some manner.