|
|
PAC Bond |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
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 MatchesEleven bond indexEleven bond indexAn index based on the average yield of 11 municipal bonds that mature in 20 years and carry an average AA rating. The eleven bonds used to calculate the index are also found in the 20 bond index, which serves as a benchmark in tracking municipal bond yields. Municipal revenue bondMunicipal revenue bondA bond issued to finance a public project that is funded by the revenues of the project. Low coupon bond refundingLow coupon bond refundingRefunding of a low-coupon bond with a new, higher-coupon bond. Foreign bondForeign bondA bond issued on the domestic capital market of another company. Bond of IndemnityBond of IndemnityAn insurance policy that indemnifies the corporation, the shareholder and the Transfer Agent against any and all claims arising from the ../../finance-glossary/ment by the Transfer Agent of certificates lost or stolen. Further SuggestionsBond fundbond interest yield Deferred interest bond Active bond crowd Eurobond Pure discount bond Shogun bond Z bond Bull bear bond Essential purpose (or function) bond Irredeemable bond Hospital revenue bond Gold bond Yankee bonds Reset bonds Registered bond Bonded warehouse Taxable municipal bond convertible bond Adjustment bond Industrial revenue bond (IRB) Subordinated bonds Unlimited tax bond Lehman Brothers Corporate Bond Index Sour bond |
|
|
|