首页 >  Term: refunded bond
refunded bond

Also called a prerefunded bond, a bond that originally may have been issued as a general obligation or revenue bond but that is now secured by an escrow fund consisting entirely of direct U.S. government obligations that are sufficient for paying the bondholders.

0 0

创建者

  • Jessehe
  •  (V.I.P) 32013 分数
  • 40.13% positive feedback
© 2024 CSOFT International, Ltd.