guaranteed bond

Guaranteed bond

A type of bond for which a firm other than the issuer guarantees its interest and principal payments.

Guaranteed Bond

A bond on which payment is guaranteed by a third party such as a government or a bond insurance company. A guaranteed bond is doubly protected because it is payment can come either from the issuer or from the third party in case the issuer defaults. As such, a guaranteed bond is low risk and therefore usually carries a lower coupon rate than an uninsured bond or other bond without a guarantee. A bond guaranteed by the U.S. government is generally thought to be riskless.

guaranteed bond

A bond that is issued by one firm and guaranteed as to interest and principal by one or more other firms. Such bonds, often resulting from joint ventures, are particularly common among railroads that lease tracks to and from each another.
Mentioned in ?
References in periodicals archive ?
The first guaranteed bond from a German issuer, the Commerzbank sale follows a EUR1.
The plan, unveiled last month, allows for the money that Asian countries gather via the guaranteed bond issues to be channeled into the private sector to help the financial sector write off bad debts and for companies to improve their balance sheets.
A new guaranteed bond from the West Bromwich Building Society is offering savers potential for growth combined with security of capital.
ING Bank Australia (NYSE: ING) (EUR: INGA) has launched a benchmark sized Australian dollar denominated, government guaranteed bond, Dow Jones has reported citing lead managers of the issue.
0bn government guaranteed bond offer Dow Jones has reported, citing a lead manager.
625 percent, 2010-dated government guaranteed bond by EUR1bn, Dow Jones has reported citing one of the lead managers.
Bank of Cyprus announce also that following the approval of the Central Bank of Cyprus, the Republic of Cyprus (Ministry of Finance) as Guarantor and the holders of Euro 500 mn Guaranteed Bonds (K[eth]N[eth]a[eth]i[eth]o/BOCYG) with ISIN Code CY0143940118 issued on 14 November 2012, the maturity date of the Guaranteed Bonds changes from 13 November 2014 to 13 November 2017 with effect from 12 November 2014.
pounds]8,000,000,000 multicurrency programme for the issuance of guaranteed bonds.
The product is offered in USD and EUR guaranteed bonds as well as non-guaranteed USD income bonds.
Royal & Sun Alliance Insurance Group plc has completed an exchange offer on $500 million of subordinated guaranteed bonds.
It was a Gagne-Bonds meeting that guaranteed Bonds his seventh Most Valuable Player award, the moment Tracy offered a tangible endorsement by having Gagne throw Bonds four wide ones with the tying run on first base on the second-to-last Friday of the 2004 season at SBC Park.
350,000,000 9-1/4% Global Guaranteed Bonds due 2018, U.

Full browser ?