bond indenture


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Related to bond indenture: Serial bonds, sinking fund bond

Bond indenture

Contract that sets forth the promises of a bond issuer and the rights of investors.

Indenture

A contract for a bond. An indenture sets the terms of the bond; for example, it includes the coupon rate, the period until maturity, and whether the bond comes with any special features like convertibility or whether it is callable. All bonds must have an indenture. Indentures are usually summarized in a bond's prospectus.

bond indenture

See indenture.
References in periodicals archive ?
FBS has been in the bond indenture, or corporate trust business, since the mid-1960s.
That note will be ratably secured by the Unit 1 first lien mortgage on the assets of Texas Generating Company, a wholly owned subsidiary of Texas-New Mexico Power, and the existing second mortgage liens on Texas-New Mexico Power's bond indenture trust estate assets in Texas.
The Series 2006 bonds are issued pursuant to the 10th supplemental bond indenture dated July 1, 2006 to a master bond indenture, dated as of February 1, 1998.
The general reserve links successive federal loan program bond issues at the bond indenture level and the deficiency fund secondarily makes these moneys available at the program indenture level.
The net proceeds from this offering will ultimately be used as permitted by Calpine's existing bond indentures.
Other covenants inserted in bond indentures can have a significant anti-takeover effect.
More broadly, this development signals the possibility of widespread omission or elimination of financial covenants in REIT bond indentures going forward.
s (Motorola) market capitalization over the past few months to below $50 billion, Fitch Ratings has examined LBO risk for Motorola by assessing the level of bondholder protection provided by bond indentures, specifically change of control provisions and limitations on secured debt.
5% debentures enable bondholders to put the bonds to the company upon a 50% change in ownership, the bond indentures related to the $1.