Straight Bond

(redirected from Straight Note)

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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GLORY's Note Transfer Technology The innovative design and manufacturing process using proven note transfer technology ensures a straight note path producing noise reduction, less potential for jams and easy jam recovery.
5 million in convertible and straight notes throughout the year.