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accrual bond |
Also found in: Wikipedia | 0.01 sec. |
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Accrual bond A bond on which interest accrues but is not paid to the investor during the time of accrual. The amount of accrued interest is added to the remaining principal of the bond and is paid at maturity.
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For an accrual bond, the Wizard displays how much interest has been
earned over the bond's life, and offers yield-to-date interest
information and the bond's next accrual and final maturity dates. |
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