Bull Bond

Bull Bond

A bond that is likely to increase in price when stocks or the economy at large is performing well (that is, when interest rates are falling). This contrasts with most other bonds, which tend to increase in price when interest rates are rising. Principal-only bonds are common examples of bull bonds because, in a bull market, people tend to pay down the principal on their large debts.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Investors believe that the bull bond market has come to an end, as central bankers signalled borrowing costs are going up, which going forward will be the major factor impacting precious metals.
The interest rate on both the bull bonds and the bear bonds converts to a fixed rate following a prespecified conversion date, typically the first call date.