Maturity Date
The date upon which the principal of a bond becomes due and payable to the bond owner.
A Bond that cannot be called for Optional Redemption by the Issuer prior to its stated Maturity Date.
Learn about over various terms and concepts that may arise while preparing a bond issue.
The date upon which the principal of a bond becomes due and payable to the bond owner.
The repayment of bonds prior to their maturity date.
The amount of gross proceeds of a tax-exempt bond issue that may be permanently invested at a materially higher yield than the yield on the tax-exempt bonds equal to the lesser of 5% of the sale proceeds of the bonds or $100,000.