Maturity Date
The date upon which the principal of a bond becomes due and payable to the bond owner.
bond-basics
Non-Callable Bond
A Bond that cannot be called for Optional Redemption by the Issuer prior to its stated Maturity Date.
Preparing Bonds
Learn about over various terms and concepts that may arise while preparing a bond issue.
See Also
Redemption
The repayment of bonds prior to their maturity date.
Start with the Bond Basics
Hundreds of Terms and Concepts
Weighted Average Maturity
Generally, the weighted average maturity of a bond issue is the sum of the product of the issue price of each maturity of the bond issue multiplied by the number of years from the closing until that maturity date divided by the issue price of the entire bond issue.