Super sinker bond

 

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Super sinker bond

Usually a home financing bond, but also any other bond that has long-term coupons but short maturity; the mortgages may be prepaid, and the holders may receive the long-term yield after a short period of time.



Super sinker bond

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Sinker

Sinker

A bond with interest and principal payments coming from the proceeds of a sinking fund.




 
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