Serial bonds are financial bonds that mature in installments over a period of time. In effect, a $100,000, 5-year serial bond would mature in a $20,000 annuity over a 5-year interval. Bond issues consisting of a series of blocks of securities maturing in sequence, the coupon rate can be different. ...
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A bond issue that comprises several tranches, each with different coupons and maturity dates.
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A bond which is arranged to be repaid in instalments over a period of... <a target=_blank href='http://www.finance-glossary.com/terms/serial-bond.htm?id=1309&ginPtrCode=00000&PopupMode=false' title='Read full definition of serial bond'>more</a>
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