Bonds which come due on a single Maturity Date but which may be subject to Mandatory Sinking Fund Redemption.
See Also
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.
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The dollar amount of Interest due on a Bond, computed at that Bond’s Interest Rate, from the last Interest Payment Date to the date of calculation.
