bond-basics

Serial Bonds

Maturities of a Bond Issue which mature in consecutive years or other shorter periods. Generally, Serial Bonds have a different Interest Rate for each maturity. Serial Bonds are not subject to Mandatory Sinking Fund Redemption.


See Also

Term Bond

Bonds which come due on a single maturity date but which may be subject to mandatory sinking fund redemption.

Hudson Yards Rail Yards

Start with the Bond Basics

Dated Date

The date of a bond issue from which interest begins to accrue, typically the date of the closing.