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

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

Stickering or Supplementing

Amending or supplementing a preliminary official statement or an official statement, typically to provide information about new developments or updated information affecting the issuer, the conduit borrower, or the bond issue.