consolidated bond

Consolidated Bond

A bond that pays off two or more outstanding bonds. A consolidated bond can come with a lower combined coupon rate that helps the issuer reduce its liabilities. See also: Consolidation loan, Refinancing.

consolidated bond

A single bond issue used to replace two or more outstanding issues.
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Consolidated bonds and notes are secured by net revenues of the authority and a pledge of the general reserve and consolidated bond reserve funds.
Bond proceeds were used to purchase the Port Authority of New York and New Jersey's (the authority) 170th series consolidated bond, the proceeds of which will be used to fund construction costs at One World Trade Center (1WTC).
The Port Authority's T4 annual debt service payments will be made from net revenue deposited in the Consolidated Bond Reserve Fund (CBRF), which is the same source of payment used to fund debt service obligations on the Port Authority's subordinate Versatile Structured Obligations (VSOs).
The VSOs are further secured by the Consolidated Bond Reserve Fund.
The VSOs are further secured by the Consolidated Bond Reserve Fund, however they have no claim on the General Reserve Fund.
The VSOs are further secured by the consolidated bond reserve fund; however, they have no claim on the general reserve fund.
Bond proceeds will be used to purchase the Port Authority of New York and New Jersey's (the authority) 170th series consolidated bond, the proceeds of which will be used to fund construction costs at One World Trade Center (1WTC).
The Port Authority's Tower 4 annual debt service payments will be made from the Consolidated Bond Reserve Fund (CBRF), which is the same source of payment used to fund debt service obligations on the Port Authority's subordinate Versatile Structured Obligations (VSOs).
The drill consolidated bonds between the participants, the framework of joint cooperation between air forces, brushed up leadership skills, boosted comb at efficacy, trained on collective planning techniques of command-and-control of the air field in air operations zones.
If the euro zone moves towards greater integration and issued consolidated bonds, foreign investors would feel more reassured and the Chinese government would certainly buy up more euros as reserves.
Enemies have always sought to overthrow the Islamic ruling system, but their conspiracies have proved counterproductive and further consolidated bonds of unity among the people," Najjar said Sunday night.
9 /PRNewswire/ -- The Port Authority of New York and New Jersey's $100 million consolidated bonds, 117th series, are rated 'AA-' by Fitch IBCA.

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