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RefundTo retire existing bond issues through the sale of a new bond issue, usually to reduce the interest rate being paid.Refund Similar MatchesPrerefunded bondPrerefunded bondRefunded bond. Tax refundTax refundMoney back from the government when too much tax has been paid or withheld from a salary. NonrefundableNonrefundableNot permitted, under the terms of an indenture, to be refundable. RefundableRefundableEligible for refunding under the terms of a bond indenture. RefundingRefundingRedeeming a bond with proceeds received from issuing lower-cost debt obligations with ranking equal to or superior to the debt to be redeemed. Further SuggestionsAdvance refundingHigh coupon bond refunding Low coupon bond refunding Refunded bond Stopping curve refunding rate Senior refunding Net advantage of refunding Junior refunding Prerefunding |
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