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
Specimen Bond
A bond which is not authenticated by the trustee or paying agent and which is frequently specifically identified as a specimen bond and is provided in the closing transcripts.