Stopping curve refunding rate

 

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Stopping curve refunding rate

A refunding rate that falls on the stopping curve.



Stopping curve refunding rate

Similar Matches

Prerefunding

Prerefunding

Procedure of floating a second bond at a lower interest rate in order to pay off the first bond at the first call date and to reduce overall borrowing costs.


Junior refunding

Junior refunding

Issuing of new securities to refinance government debt that matures in one to five years.


Advance refunding

Advance refunding

In the context of municipal bonds, refers to the sale of new bonds (the refunding issue) before the first call date of old bonds (the issue to be refunded). The refunding issue usually specifies a rate lower than the issue to be refunded, and the proceeds are invested, usually in government securities, until the higher-rate bonds become callable. See: Refunding escrow deposits.


High coupon bond refunding

High coupon bond refunding

../../finance-glossary/ a high-coupon bond with a new, lower-coupon bond.


Refunding

Refunding

Redeeming a bond with proceeds received from issuing lower-cost debt obligations with ranking equal to or superior to the debt to be redeemed.


Further Suggestions

Net advantage of refunding
Low coupon bond refunding
Senior refunding


 
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