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Serial Redemption |
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Serial redemption The redemption of a serial bond. Serial Redemption The gradual maturity of a serial bond. A serial bond is an issue of bonds that gradually matures at regular intervals until the whole issue matures. The serial redemption feature of these bonds is most useful in the financing of a project with regular income streams with which to pay off the serials. Serial bonds (and therefore serial redemption) are more common among corporate bonds than municipal bonds. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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