Z Bond
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| A bond on which interest accrues but is not currently paid to the investor but rather is added to the principal balance of the Z bond and becoming payable upon satisfaction of all prior bond classes. | ||
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Additional Comments:
Alternative term for accrual bond.
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Related Terms: | ||
Maturity The date on which a bond's principal is repaid to the investor and interest payments cease. ... Bond A debt obligation issued by a government (i.e., Treasury bond) or corporation (i.e., corporate bond) that ... Treasury Bond U.S. Treasury bonds, also known as long bonds, are issued in 30-year terms.The T-bond is ... | ||
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