Level Debt Service

A Maturity schedule in which the combined annual amount of Principal and Interest payments remains relatively constant over the life of a Bond Issue. Some state laws require Level Debt Service for certain transactions.

See Also

Debt Service

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

Hudson Yards Rail Yards

Start with the Bond Basics

Term of the Week

Securities Act of 1933

Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.