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Series Bond

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Series bond
Bond that may be issued in several series under the same indenture document.

Series Bond
A single issue of a bond made in two or more tranches. For example, a company may announce that is intends to issue $10,000,000 in bonds in two tranches of $5,000,000. Series bonds are common to collateralized mortgage obligations, which are backed by pools of mortgages. These mortgages are arranged in tranches that mature at different times, for instance, in 10 years, 15 years, and 30 years. See also: Serial bond.


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The current series bonds available run until the year 2012.
The DuraGrip TPE 6000 and 6300 grades are said to bond well to polypropylene and polyethylene, while the UV-stable DuraGrip TPE 6100 series bonds to engineered thermoplastic materials, including difficult-to-overmold nylon substrates, according to the company.
35 million, will be used to refinance part of PeaceHealth's Western Lane 1994 Series bonds at a lower interest rate.
 
 
 
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