Refunded Bond
(redirected from Pre-Refunded Bond)

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Refunded bond

Also called a prerefunded bond, a bond that originally may have been issued as a general obligation or revenue bond but that is now secured by an escrow fund consisting entirely of direct U.S. government obligations that are sufficient for paying the bondholders.

Refunded Bond

A bond whose principal is held in an escrow account, generally invested in Treasury securities or something else risk-free, until such time as the bond matures. That means that there is no possibility of default on the principal; as a result, refunded bonds usually have the highest possible credit ratings. They are also called prerefunded bonds.

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Bono de refinanciacion Crossover Refunding Bond Crossover Refunding Bonds High-Coupon Bond Refunding Prerefunded Bond Prerefunding Refunding Bond			These pre-refunded bonds have become quite the bargain, with yields rising from about 80% of a comparable Treasury to as much as double the yield of U. A BONANZA FOR THE BOLD? by Lewis Braham / BusinessWeek Interest and principal payments for pre-refunded bonds are funded from securities in an escrow account. Market Vectors[R] Fixed Income ETFs Announce January 2011 ... by Business Wire Interest and principal payments for pre-refunded bonds are funded from securities in an escrow account. Market Vectors[R] Fixed Income ETFs Announces Distributions by Business Wire			power of termination Powers of Appointment PP&E PPNR PPP Pr Practicas comerciales habituales Practicas constables Praecipium Pramie Praticas contabeis Pratiques commerciales courantes Pratiques comptables Prazo de carencia Prazo intermediario Prazo para o resgate Pre Carriage Pre shipment Finance Pre-Approval Pre-Carriage Pre-IPO Pre-Market Pre-Money Valuation Pre-Provision Net Revenue Pre-Qualification Pre-Refunded Bond Pre-Settlement Risk Pre-Shipment Finance Pre-Sold Issue Pre-Syndicate Bid Pre-Tax Contribution Pre-Trade Benchmark Pre-Trade Benchmarks preapproval Prearranged Trading Preauthorized Checks Preauthorized Electronic Debit Preauthorized Electronic Debits Preauthorized Payment Precautionary Demand Precautionary Demand for Money Precautionary Motive Precedence Preceding-Year Basis Precettato Precio base Precio comprador y vendedor Precio contado Precio de apertura Precio de cierre Precio de compra			Pre-Purchase Inspection Pre-qualification Pre-qualification Pre-Qualification Structured Learning Pre-qualification wizard Pre-Qualifications pre-qualified Pre-Qualified Business Sponsorship pre-qualifies Pre-qualify Pre-Qualifying Pre-Qualifying Questionnaire Pre-Ranger Course Pre-Raphaelite Pre-Raphaelite Pre-Raphaelite Brotherhood Pre-Raphaelite Brotherhood Pre-Raphaelite Brotherhood Pre-raphaelites Pre-raphaelites Pre-Raphaelitism Pre-Raphaelitism Pre-Readiness Exercise Pre-Recorded Announcements and Music Pre-Reduced Anaerobically Sterilized Pre-Referral Intervention Manual Pre-Refit Condition Assessment Pre-Refunded Bond Pre-Refunded Bonds Pre-Refunding Pre-Regulator Module pre-release Pre-Release Review Group Pre-Release Substance Abuse Program pre-released software pre-releases Pre-Remedial Design Investigation Pre-Removal Risk Assessment Pre-requisite Validation Examination Pre-Retirement Association Pre-Retirement Education Pre-Retirement Seminar Pre-Retirement Transition Leave Pre-Review Questionnaire Pre-revolutionary Russia Pre-revolutionary Russia Pre-RIF Initiative for Management and Employees Pre-Rigged Vehicles/Equipment Package pre-Roman pre-Romanesque architecture Pre-Rule Quiet Zone Pre-Sale Order Pre-Sale Orders

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Refunded Bond (redirected from Pre-Refunded Bond)

Refunded Bond
(redirected from Pre-Refunded Bond)