Bear Bond

(redirected from Bear Note)

Bear Bond

A bond that is likely to increase in price when stocks or the economy at large is performing poorly (that is, when interest rates are rising). Interest-only bonds and mortgage-backed securities that pay only interest are common examples of bear bonds because, in a bear market, people tend to pay only interest on large debts. See also: Flight to Safety.
References in periodicals archive ?
In the news release, "American Stock Exchange Lists Morgan Stanley 100% Capital Protected Bear Notes," issued earlier today by The American Stock Exchange over PR Newswire, we are advised by the company that the headline should read "American Stock Exchange Lists Morgan Stanley 100% Capital Protected Bear Notes Based on the PHLX Housing Sector Index," rather than "American Stock Exchange Lists Morgan Stanley 100% Capital Protected Bear Notes.
8 million principal amount of the Big Bear notes and $77.
The offers to purchase the P&C notes and the Big Bear notes (which are conditioned upon, among other things, the sale of the notes and common stock) will expire at 5 p.