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
Agreement Among Underwriters
Agreement used in the purchase of a bond issue by a syndicate to set out the rights, obligations and purchase commitments of each underwriter; to authorize one or more underwriters to act as manager(s); and to give the manager(s) authority to act on behalf of the others in connection with the bond issue.