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Advance Refunded Bond

A bond which is mainly issued to refinance previously issued bonds that carry higher coupons than current market. An advance…

Advance Refunding Bond

A bond which is mainly issued to refinance previously issued bonds that carry higher coupons than current market. An advance…

ETM Bond

It stands for escrowed to maturity bond; a bond whose principal and interest are paid using moneys held in an...

Escrowed To Maturity Bond

A bond whose principal and interest are paid using moneys held in an escrow account, as originally scheduled through the...

Escrow

A third party's holding of cash, securities, assets, or instruments in order to guarantee the fulfillment of a contract or...

Tri-Party

The provision of collateral management services by a third party. This includes services such as marking to market, repricing and...

Pre-Refunded Bond

A bond which is mainly issued to refinance previously issued bonds that carry higher coupons than current market. A pre-refunded...

Pre-Refunding Bond

A bond which is mainly issued to refinance previously issued bonds that carry higher coupons than current market. A pre-refunding...

Escrowed Bond

A bond which is mainly issued to refinance previously issued bonds that carry higher coupons than current market. An escrowed...

Crossover Refunding Bond

A bond that is issued for the sake of refinancing an existing bond issue before maturity. The proceeds from the...