bond-basics

Master Trustee

A Trustee specifically acting in such capacity with respect to a Master (Trust) Indenture.

Life’s a Party

Learn more about the various parties involved in a municipal securities transaction and their roles.


See Also

Master (Trust) Indenture

A type of indenture which permits the issuance from time to time of one or more series of bonds under the same indenture in addition to the initial series of bonds.

Hudson Yards Rail Yards

Start with the Bond Basics

Call Provisions

Provisions in a bond that permit or require an issuer to prepay or redeem bonds before the stated maturity date. Such provisions are found in an Indenture or the bond resolution under “redemption.”