Definitions for "Serial Bond" Add To Word List
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A set of bonds issued at the same time but having different maturity dates. also called installment bond.
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An issue that matures at periodic stated intervals rather than on a single, specific date.
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A bond issued to mature in sequence over a period of years. Most general obligation, tax-secured bonds are issued in serial form.
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Corporate bond arranged so that specified principal amounts become due on specified dates.
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Bond issue with various maturity dates to be paid in parts at periodic stated intervals until the entire issue is retired.
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As opposed to a term bond, which is a block of bonds that matures in a single year, a serial bond features maturities each year, annually or semiannually, during a period of years (see Term Bond).
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An issue that matures in part at periodic stated intervals.
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An issue that is segmented into a series of maturities which matures in relatively small amounts at stated periodic intervals.
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A bond issue in which maturities are staggered over a number of years.
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A bond of an issue that features maturities every year, annually or semi-annually over a period of years, as opposed to a Term Bond, which is a large block of bonds maturing in a single year.
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