Bull Bond

Bull Bond

A bond that is likely to increase in price when stocks or the economy at large is performing well (that is, when interest rates are falling). This contrasts with most other bonds, which tend to increase in price when interest rates are rising. Principal-only bonds are common examples of bull bonds because, in a bull market, people tend to pay down the principal on their large debts.
References in periodicals archive ?
This marks another major award in this field to ICBC fixed-income team subsequent to the "Golden Bull Bond Fund Management Company", "Bond Investment Return Award" presented by the renowned media, China Securities Journal and Shanghai Securities.
In particular, panel sessions will look at the impact of the Federal Reserve's second round of quantitative easing, the effect national deficits will have on the bull bond market, how an increase in mergers and acquisitions is driving investor activism, and how China's financial growth will affect the global economy.
The interest rate on both the bull bonds and the bear bonds converts to a fixed rate following a prespecified conversion date, typically the first call date.