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Straight Bond

   Also found in: Acronyms 0.01 sec.
Straight Bond
A bond with no special features. A straight bond has a coupon that is paid to bondholders periodically. The issuer repays the principal at maturity. It does not include a conversion feature, a floating coupon, an extendible maturity date or other characteristics.
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Broadly defined liquidity -- the widest measure of money supply, covering everything from M3, pecuniary trusts and investment trusts to bank debentures, straight bonds issued by banks and foreign bonds -- rose 1.
LEAD: Japan's Oct. money supply up 3.3%, steepest rise since Oct. 2002 by Japan Weekly Monitor
``If the Legislature sends us down a straight bond package .
STATE SENATE ENDORSES SCHOOL-BOND VOTE; DEMOCRATS PUSHED $9.2 BILLION ... by Daily News (Los Angeles, CA)
And the convertible security has upside potential, an advantage that no money-market instrument or even most straight bonds can't match.
Riding out the market in a convertible by Calamos, John P. / Financial Executive
 
 
 
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