prerefunding what is
Meaning of Prerefunding explanation. What is rate in order to pay off the first bond at the first.

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Prerefunding definition

Meaning PREREFUNDING: Procedure of floating a second bond at a lower interest rate in order to pay off the first bond at the first call date and to reduce overall borrowing costs

More terms such as Prerefunding in Dictionary P.

Definition Policy Limit:
Examples The maximum dollar amount of coverage provided by an insurance company for a certain policy prerefunding definition.
Definition PAC Bond:
Examples Stands for Planned Amortization Class bond. A tranche class offered by some CMOs that has a sinking fund schedule and an ability to make principal payments that are not subordinated to other classes prerefunding explain.
Definition Production-Flow Commitment:
Examples An agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches prerefunding what is.
Definition Placement:
Examples A bank depositing Eurodollars with (selling Eurodollars to) another bank is often said to be making a placement prerefunding meaning.
Definition Parameter:
Examples A model is a combination of variables, such as GDP growth, and coefficients which multiply these variables. The coefficients are often estimated from the data. The coefficients are called parameters prerefunding abbreviation.
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