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PAC Bond |
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PAC BondStands for Planned Amortization Class bond. A tranche class offered by some CMOs that has a sinking fund schedule and an ability to make principal payments that are not subordinated to other classes.PAC Bond Similar MatchesPerformance bondPerformance bondA form of guarantee, given by the seller in a contract, that in the event of the terms of the contract not being fulfilled, the buyer will be able to claim compensation in the form of money. Bond equivalent yieldBond equivalent yieldBond yield calculated on an annual percentage rate method. Differs from annual effective yield. Medium term bondMedium term bondA bond with a maturity between 2 and 10 years. Often known as 'mediums'. Secured bondSecured bondA bond which is secured by the guarantee of assets or collateral. Treasury bondsTreasury bondsLong term securities with minimum denominations of $1,000 and maturities of ten years or more. Further SuggestionsBrady bondTAC bonds Convertible eurobond Super sinker bond Eleven bond index Utility revenue bond Lehman Brothers New York Municipal Bond Index Housing bond Bond indenture Completion bonding Eurobond Stratified sampling bond indexing Performance bond bond anticipation note Bailout bond Short term bond fund Citizen bonds Bond fund High coupon bond refunding Bond mutual fund general obligation bond Insured bond Term bonds Unamortized bond discount Shogun bond |
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