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accrual bond |
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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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Series A, B, C, D, E, EE, F, I, and J are discount or accrual bonds, meaning principal and interest are paid when the bonds 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 |
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