Meaning STEP-UP BOND: A bond that pays a lower coupon rate for an initial period, and then increases to a higher coupon rate. Related: Deferred-interest bond, payment-in-kind bond
More terms such as Step-up bond in Dictionary S.
- Definition Scheduled Cash Flows:
- Examples The mortgage principal and interest payments due to be paid under the terms of the mortgage, not including possible prepayments step-up bond definition.
- Definition Supply Shock:
- Examples An event that influences production capacity and costs in an economy step-up bond explain.
- Definition Split Print:
- Examples Block trade printed at two different prices. Often used in dividend rolls to get an average price equal to the dividend step-up bond what is.
- Definition Simple Prospect:
- Examples An investment opportunity in which only two outcomes are possible step-up bond meaning.
- Definition Serial Covariance:
- Examples The covariance between a variable and the lagged value of the variable; the same as autocorrelation step-up bond abbreviation.