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.
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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.
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Start with the Bond Basics
Hundreds of Terms and Concepts
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.”