bond-basics

Net Proceeds

Proceeds of the Bonds minus amounts used to fund a Reasonably Required Reserve or Replacement Fund.

Preparing Bonds

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

Hudson Yards Rail Yards

Start with the Bond Basics

Paying Agent

The institution, often appointed in an indenture or a paying agency agreement, responsible for making payments of interest and principal to bondholders.