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Bond swap |
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Bond swapThe sale of one bond issue and purchase of another bond issue simultaneously. See: Swap; swap order.Bond swap Similar MatchesPayment in kind (PIK) bondPayment in kind (PIK) bondA bond that gives the issuer an option (during an initial period) either to make coupon payments in cash or in the form of additional bonds. Premium bondPremium bondA bond that is selling for more than its par value. Bonded warehouseBonded warehouseSee foreign trade zone. Insured bondInsured bondA municipal bond backed both by the credit of the municipal issuer and by commercial insurance policies. Single payment bondSingle payment bondA bond that makes only one payment of principal and interest. Further SuggestionsAutomated bond system (ABS)Bond anticipation note (BAN) Lehman Brothers Corporate Bond Index Series EE bond Series E bond Public purpose bond Deferred interest bond Ultra short term bond fund long bond Moral obligation bond Public housing authority bond Mismatch bond Series HH bond Brady bonds senior mortgage bond Completion bonding serial bond Bonds Enabling Annual Retirement Savings (BEARS) Municipal bond insurance Medium term bond Cushion bonds Special bond account Obligation bond Passive bond Sour bond |
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