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.

Changes to the operations and accounting of funds under the supervision of the U.S. Department of Treasury that allow the federal government to continue paying bills and most operations after the U.S. has reached or neared its debt limit.