bond-basics

Refunding Bond

Bonds issued in a Refunding.  The proceeds of the Refunding Bonds are used to pay off the Refunded Bonds.

See Also

Refunding

A transaction in which refunding bonds are issued and their proceeds are used to pay off outstanding bonds.

In Contrast With

Refunded Bond

Outstanding bonds which are paid off with all or a portion of the proceeds of refunding bonds.

Hudson Yards Rail Yards

Start with the Bond Basics

Blue Sky Laws

State securities laws, which regulate the offering of securities. Although these laws vary from state to state, most contain provisions concerning (a) prohibitions against fraud; (b) regulation of brokers and dealers doing business in the state; and (c) registration of Securities.