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Deferred Interest Bond
(redirected from Deferred Interest Bonds)

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Deferred interest bond
A bond that pays interest at a later date, usually in one lump sum, effectively reinvesting interest earned over the life of the bond. See: Zero coupon bond.

Deferred Interest Bond
A bond that pays no coupons until a certain point in the future. An example is a zero-coupon bond, which pays no interest at all, but the par value one receives at maturity provides the equivalent.


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The structure of the bonds has features such as a pooled bond program or variable rate debt, or they are deferred interest bonds.
High Yield Master II Constrained Index is a market value-weighted index of all domestic and yankee high-yield bonds, including deferred interest bonds and payment-in-kind bonds and securities.
The refunding bonds will consist of current interest bonds, capital appreciation bonds and deferred interest bonds and provide debt service relief to the authority in fiscal years 2011 through 2015 and extend bond maturities from 2042 to 2050; additional restructuring for debt service relief is expected in the future.
 
 
 
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