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Term Bond

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Term Bond
An issue of bonds that mature at the same time. Corporate bonds are sometimes term bonds. In these situations, a corporation issues bonds and sells them to whatever person or institution will buy them; all the bonds mature at the same time. Both municipal bonds and corporate bonds combine aspects of both term and serial issuances in which some parts of the issue mature at various times, but in which the bulk matures all at once. See also: Serial bonds.
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Finance Minister Charilaos Stavrakis announced on Tuesday that the Government will issue new long term bonds to the international markets around mid January in order to meet public needs for the 2010, which approach 2.
Cyprus Government to issue new long term bonds by Financial Mirror (Cyprus)
The bank will exchange bonds issued in 2006 that mature in 2016 and which are trading below face value for shorter term bonds that mature in 2012 in a move to strengthen its balance sheet.
Emirates NBD in $1b Bond Swap by Khaleej Times (Dubai, United Arab Emirates)
There are no limits to how many fixed term bond accounts you can open within any one year, so unlike ISA accounts, if you decide to close your account for any reason, you can still invest any amount elsewhere at any time.
Fixed Rate Bonds Vs. ISA's by Sam Gooch / Finance and Investment community
 
 
 
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