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


The acronym for the Tax Equity and Fiscal Responsibility Act of 1982, which applies additional tax requirements and considerations to tax-advantaged bonds.