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Straight Bond |
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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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