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Bonds Enabling Annual Retirement Savings

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Bonds Enabling Annual Retirement Savings (BEARS)

Holders of BEARS receive the face value of the bonds underlying call option, which is exercised by CUBS (an acronym for Calls Underwritten by Swanbrook). If the calls are exercised by CUBS, BEARS holders receive the total of the exercise price.

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bond room
bond sinking fund
bond swap
Bond value
Bond-equivalent basis
bondholder
BONDPAR

Bonds Enabling Annual Retirement Savings
Boning
Bonus Issue
book
book building
Book cash
book closure
Book profit

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