bond-basics

Put Bond

A Bond that gives the bondholder the right to sell, or put, the Bond to the Issuer or some other party, often a remarketing agent, under specific conditions.  Put Bonds are ordinarily put to the Issuer or remarketing agent at 100% of the Par Value of the Bonds

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Start with the Bond Basics

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.