Home > Term: step-up bond
step-up bond
A 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.
- Vārdšķira: noun
- Nozare/domēns: Financial services
- Category: General Finance
- Company: Bloomberg
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Autors
- Jessehe
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(V.I.P) 32013 points - 40.13% positive feedback
