Debt Service
The amount of principal and interest required to be paid on an issue of bonds.
bond-basics
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
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Hundreds of Terms and Concepts
Notice of Sale
The notice published by an issuer to advertise an upcoming sale of bonds in a competitive sale.