Bonds which come due on a single Maturity Date but which may be subject to Mandatory Sinking Fund Redemption.
A type of redemption that applies specifically to bonds issued as term bonds provided in the bond resolution/ordinance and/or an indenture, pursuant to which an issuer or a conduit borrower is required to retire a specific amount of the outstanding principal of the term bond by redemption on specific dates.
The date upon which the principal of a bond becomes due and payable to the bond owner.
Termination of the rights and interests of the bondholders and release of liens on the security upon final payment of debt service or deposit of guaranteed payment in an irrevocable escrow fund.
