A bond that is issued in order to pay off (redeem) an existing bond issue before maturity. At the outset,...
A bond that is issued for the sake of refinancing an existing bond issue before maturity. The proceeds from the...
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.