term bonds

Term bonds

Bonds whose principal is payable at maturity. Often referred to as bullet-maturity bonds or simply bullet bonds. Related: Serial bonds.

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.

term bonds

Any of various bonds that mature on the same date. Corporate bond issues are often of the term variety because all the bonds of a given issue are scheduled to mature simultaneously. Municipalities often issue a combination of serial and term bonds with periodic retirements of serial bonds and then a redemption of a block of term bonds during the final year. See also serial bonds.
References in periodicals archive ?
Country's third largest private sector bank, Axis Bank is to raise money via long term bonds.
In turn, that could have a substantially negative impact on long term bonds.
6,515,000 series 2005A turbo term bonds due June 1, 2026 from 'BBB' to 'BBB+';
Bidders have the option of designating bonds maturing May 1, 2007- 2020, inclusive, as serial or term bonds, or both.
17,075,000 Series 2007A current interest turbo term bonds 'BBB+' due June 1, 2032;
Bidders have the option of designating bonds maturing May 1, 2006- 2011, inclusive, as serial or term bonds, or both, and the bid must designate whether each of the principal amounts of the bonds maturing May 1, 2006-2011, inclusive, represent a serial bond maturity or a mandatory redemption requirement for a term bond maturity.
3,149,020 series 2007B capital appreciation turbo term bonds 'BBB-';
Bidders have the option of designating bonds maturing in the years 2006 through 2020, inclusive, as serial and/or term bonds.
The bonds are being issued as term bonds with final maturity dates of Aug.
4,293,680,000 series 2007A-2 senior current interest turbo term bonds 'BBB+';
21 /PRNewswire/ -- California Housing Finance Agency's (CHFA) Home Mortgage Revenue Bonds $48 million 1993 Series B term bonds due Feb.
Fitch will not be rating the subordinate series 2007 F capital appreciation turbo term bonds.