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Premium Bond
(redirected from Electronic Random Number Indicator Equipment)

    Also found in: Legal, Wikipedia 0.01 sec.
Premium bond
A bond that is selling for more than its par value.
premium bond
A bond that sells at a price above its par value. An investor must be careful about purchasing a bond that is selling at a premium because of the possibility of a call by the bond's issuer for sinking fund requirements or for refunding. Except for convertible bonds, the size of a bond's premium usually can be expected to decline as the bond approaches maturity, at which time it will be paid off at par.
Premium Bond
A bond with a price higher than its face value. A premium bond occurs when a particular bond's coupon rates exceed the interest rates prevailing at the time. For example, if a bond was issued with a 5% coupon and most other bonds are paying 2%, this bond has more value on both the primary and secondary markets. As a result, it is more expensive and is sold at a premium.


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Electronic Publishing Services Ltd.
Electronic Publishing Special Interest Group
Electronic Publishing Systems
Electronic Publishing Technical Assistance Group
Electronic Publishing: Origination Dissemination and Design
electronic pumping
Electronic Purchase Order
Electronic Purchase Request System
Electronic Purchasing Agreement
Electronic purse
Electronic purse
Electronic Push Button Turret
Electronic Qualification Test Guide
Electronic Quality Assurance Test Equipment
Electronic Quality Information for Patients
Electronic Quality Management System
Electronic Quantum Cellular Automata
Electronic Quarterback
Electronic Queriable Carrier
Electronic Questionnaire for Investigations Processing
Electronic Quotation Service
Electronic Quote and Order-Driven System
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Electronic Random Number Indicating Equipment
Electronic Random Number Indicator Equipment
Electronic Random Selection System
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Electronic Raw Data Reporting
Electronic Reactions of Abrams
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Electronic Reading Room
Electronic Readings in Management Studies
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Electronic Realty Associates
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Electronic Record Archive Systems
Electronic Record Development and Implementation Programme
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