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bullet bond

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bullet bond
A bond that is noncallable.


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The issue is expected to consist of GO federally taxable serials maturing April 1, 2013-2016, and GO federally taxable bullet bonds maturing April 1, 2034 and 2039.
has offered 5bn pesos (US$388mn) in short-term, unsecured bullet bonds on the Mexico City stock market, the company said in a note sent to the exchange.
The proposed bullet bond issuance will provide Andres and DPP with a more appropriate capital structure and should also result in lower total interest expense going forward.
 
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