bond refunding

См. также в других словарях:

• bond refunding — A situation that occurs when a firm redeems a callable bond issue and sells a generally lower interest cost issue to take its place. A bond is refunded when a municipality or state calls in an existing bond, usually when interest rates have… …   Black's law dictionary

• bond refunding — A situation that occurs when a firm redeems a callable bond issue and sells a generally lower interest cost issue to take its place. A bond is refunded when a municipality or state calls in an existing bond, usually when interest rates have… …   Black's law dictionary

• High-coupon bond refunding — Refunding of a high coupon bond with a new, lower coupon bond. The New York Times Financial Glossary …   Financial and business terms

• Low-coupon bond refunding — Refunding of a low coupon bond with a new, higher coupon bond. The New York Times Financial Glossary …   Financial and business terms

• low-coupon bond refunding — refunding of a low coupon bond with a new, higher coupon bond. Bloomberg Financial Dictionary …   Financial and business terms

• high-coupon bond refunding — Replace a high coupon bond with a new, lower coupon bond. Bloomberg Financial Dictionary …   Financial and business terms

• refunding escrow deposits — ( REDs) Financial instruments similar to pre refunding bonds. Tax law changes in 1984 restricted tax exempt pre refundings for certain types of municipal debt including airport and convention center related debt. To circumvent those restrictions …   Financial and business terms

• Refunding Escrow Deposits - REDs — A type of forward financial contract that creates an obligation for its investors to purchase a particular bond issue at a specified yield at some date in the future. The money from investors is held in escrow and is used to purchase interest… …   Investment dictionary

• Refunding — The process of retiring or redeeming an outstanding bond issue at maturity by using the proceeds from a new debt issue. The new issue is almost always issued at a lower rate of interest than the refunded issue, ensuring significant reduction in… …   Investment dictionary

• Refunding — The redemption of a bond with proceeds received from issuing lower cost debt obligations ranking equal to or superior to the debt to be redeemed. The New York Times Financial Glossary * * * refunding re‧fund‧ing [riːˈfʌndɪŋ] noun [countable,… …   Financial and business terms

• refunding — The replacement of existing securities using funds obtained from the issuance of new securities. American Banker Glossary redeeming a bond with proceeds received from issuing ( issue) lower cost debt obligations with ranking equal to or superior… …   Financial and business terms