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consol

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Consol
A government bond with no maturity . Popular in Great Britain. The formula for valuing these bonds is simple. The consol payment divided by yield to maturity is the price of the bond.

consol
A debt instrument having no scheduled return of principal and therefore perpetual interest payments and no maturity. Consols fluctuate widely in price with changes in long-term interest rates. They have never been popular in the United States. Also called annuity bond, perpetual bond. See also perpetuity.


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Wooten, a lawyer and lobbyist from Consol Energy, a leading West Virginia mine-owner, to direct the state's Office of Miners' Health, Safety, and Training?
; 1987-'98, VP & Treasurer, then SVP Administration, CONSOL Inc.
Today's interview is with senior analyst Matthew Thurmond, who discusses Arch Coal (NYSE: ACI), Peabody (NYSE: BTU), Consol (NYSE: CNX) and Natural Resource Partners (NYSE: NRP).
 
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