Refunding
A transaction in which refunding bonds are issued and their proceeds are used to pay off outstanding bonds.
bond-basics
Forward Delivery Bonds
Bonds that are priced on a determined date but are not issued and settled until a date further in the future.
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Hundreds of Terms and Concepts
Subordinate Lien Bonds
Bonds having a subordinate claim on one or more security interests relative to the claim against such security interests by the holders of other bonds, also known as “junior lien bonds.”