bond-basics

Minimum Denomination

The lowest denomination of Bond that can be purchased as authorized by the Bond documents. Typically, Bonds have a Minimum Denomination of $5,000, but some Issuers may impose a higher Minimum Denomination, most commonly in the amount of $100,000.

Preparing Bonds

Learn about over various terms and concepts that may arise while preparing a bond issue.


See Also

Denomination

The incremental par amount established for a bond issue at which the bonds may be purchased.

Hudson Yards Rail Yards

Start with the Bond Basics

Arbitrage Certificate

Certificate of a responsible officer of the Issuer and/or Borrower certifying compliance with the limitations on Arbitrage imposed on the Tax-Exempt Bonds by the Internal Revenue Code.