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Step up bond |
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Step up bondA bond that pays a lower coupon rate for an initial period, and then increases to a higher coupon rate. Related: Deferred-interest bond, payment-in-kind bond.Step up bond Similar MatchesThree steps and a stumble ruleThree steps and a stumble ruleA rule predicting that stock and bond prices will fall following three increases in the discount rate by the Federal Reserve. This is a result of increased costs of borrowing for companies and the increased attractiveness of money market funds and CDs over stocks and bonds as a result of the higher interest rates. Step upStep upTo increase, as in step up the tax basis of an asset. Ross, StephenRoss, StephenDeveloper of the Arbitrage Pricing Theory. Finance professor at MIT. Stepped fixed rate mortgageStepped fixed rate mortgageWhere the interest is, for example, fixed at one level for one year and then a slightly higher level for two further years. This is not as common as finding stepped discounted mortgages. Step up swapStep up swapAn interest rate swap on which the notional principal increases according to a predetermined schedule. Further Suggestionsstepped preference sharesSeven Step Meeting Process Step aside Step down note stepped interest debenture stocks Stepped discount mortgage |
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