- accrual bond
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a fixed-interest bond that is issued at its face value and repaid at the end of the maturity period together with the accrued interest.Syn: zero-coupon bond, capital appreciation bond
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accrual bond
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accrual bond — see bond 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Accrual Bond — A bond that does not pay periodic interest payments. Instead, interest is added to the principal balance of the bond and is either paid at maturity or, at some point, the bond begins to pay both principal and interest based on the… … Investment dictionary
Accrual bond — An accrual bond is a fixed interest bond that is issued at its face value and repaid at the end of the maturity period together with the accrued interest. In Germany, the accrued interest is compounded. In contrast to zero coupon bonds, accrual… … Wikipedia
Accrual bond — A bond on which interest accrues, but is not paid to the investor during the time of accrual. The amount of accrued interest is added to the remaining principal of the bond and is paid at maturity. The New York Times Financial Glossary … Financial and business terms
accrual bond — (1) Bonds that pay the investor an above market coupon rate as long as a reference rate is between preset levels established at the time the security is issued. A type of structured note. Also called range bonds. (2) A type of CMO security that… … Financial and business terms
bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure … Law dictionary
Bond (finance) — In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity.… … Wikipedia
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Bond convexity — In finance, convexity is a measure of the sensitivity of the duration of a bond to changes in interest rates, the second derivative of the price of the bond with respect to interest rates (duration is the first derivative). In general, the higher … Wikipedia
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