Definitions for "Straight Bond" Add To Word List
Login or Register  | Word Lists | Search History

Bond which will pay back the principal on its maturity date, will pay a specified amount of interest on specific dates, and does not carry a conversion privilege or other special features.
Helpful?           0
The straight or 'plain vanilla' bond is the most common debt security and all other bond types are variations of, or additions to standard straight bond features. An investor pays a single capital sum to receive interest payments, called coupons, until a fixed maturity date when the last coupon is accompanied by redemption of the bond's face value. The coupon is simply a fixed rate of interest - paid annually or semi-annually - on the principal sum or face/par value. The debt is of fixed maturity - the principal redemption date. The maximum term is 30 years, but 7-10 years is most common.
Helpful?           0
a bond with a fixed payment schedule with no special characteristics, such as convertibility into stock or a variable interest rate
Helpful?           0
Bond with a fixed rate of interest and a fixed maturity date.
Helpful?           0
A bond with unquestioned right to repayment of principal at a specified future date, unquestioned right to fixed interest payments on stated dates and no right to any additional interest, principal or conversion privilege
Helpful?           0
(Obligation classique) A non-convertible bond with coupons.
Helpful?           0