Parity Bond

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Parity Bond

A bond with an equal claim on some right as another bond. A new issue of a bond may be issued as a parity bond, which indicates that it carries the same rights as bonds already issued. For example, unsecured bonds are all parity bonds with respect to each other; this means that no one bond has a prior claim to a coupon over any other. However, all unsecured bonds are junior to any secured bonds, which are likewise parity bonds, with respect to other secured bonds. See also: Pari passu.

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No references found			No additional parity bonds may be issued under the ordinance. S&P Rates Omaha, Nebraska's Special Tax Refunding Bonds 'AAA' by PR Newswire In addition, Fitch IBCA upgrades Scottsdale's $35,811,000 outstanding parity bonds to 'AA' from 'AA-'. Scottsdale AZ Water, Sewer Revenues 1989 Series E Rated AA by Fitch ... by PR Newswire Bondholder security is strengthened by an additional bonds test that ties parity bond issuance to development. Fitch Rates Los Angeles Community Redevelopment Agency, California's ... by Business Wire			Paraguayan Guarini Paraguayan Peso Paraiso fiscal Parallel bonds Parallel Loan Parallel Shift in the Yield Curve Parameter parcel parcel register Pareeto Saiteki Parent Company Pari pari passu Pari-Passu Paridad Paridad de conversion Paridad del poder adquisitivo Paridade movel Paris Bourse Paris Club Paris Commune Paris Interbank Offer Rate Parita di conversione Parite mobile Parity Parity Bond Parity value Parker v. Davis Parking parking ratio Parking Violation Parkinson's Law parol evidence Parquet Parsonage Allowance Part B Part B Prospectus Partenariat Partial Partial Compensation Partial Delivery Partial Execution partial interest Partial Prepayments Partial Redemption partial release Partial Spinoff partial taking Partial Tender Offer Partial Vote partial write-down			parities parities parities paritonsillar abscess Paritor Paritory Paritta parity parity parity parity parity parity parity Parity (mathematics) Parity (mathematics) Parity (medicine) Parity (medicine) Parity (medicine) Parity (physics) Parity (physics) Parity (telecommunication) Parity (telecommunication) parity bit parity bit parity bit parity bits parity bits Parity block Parity block Parity Bond Parity Bonds parity check parity check parity check Parity Check Code Parity checking Parity checking parity conjugation Parity conservation parity drive parity error parity error Parity Error Rate Parity Error Seconds Parity Even/Enable Parity flag Parity game Parity High Parity Low parity memory Parity Modulation Encoder Parity Odd Parity of a State Parity of Product Parity Pulsed Row under IL Parity RAM parity selection rules Parity transformation

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