bullet bond

(redirected from Bullet Bonds)

Bullet Bond

A bond with no special features that cannot be redeemed prematurely. That is, the bullet bond repays the entire principal at maturity and at no other time. It is also called a virgin bond. See also: Bullet.

bullet bond

A bond that is noncallable.
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The index, calculated on both a capital and total return basis, includes KES denominated bullet bonds, zero coupon bonds and strippable bonds with a minimum notional of KES 5 Billion.
Dolphin Energy Limited has successfully issued $1.3bn of ten-year senior secured bullet bonds. The initial $1bn bond was priced on February 7, 2012 with an additional $300m tap bond priced on February 9, 2012 due to strong investor demand.
Nevertheless, JCR considers that Aichi has the ability to ensure a certain level of fiscal discipline on a short-term scale, as indicated by the fact that it does not plan to borrow from the sinking fund with respect to the bullet bonds as a revenue source.
The five-year bullet bonds were issued with an interest rate of 3.97 percent, equivalent to a spread of 140 basis points over the five-year central bank bond, the bank said.
WHG aims to issue GBP175 million fixed-rate 30-year bullet bonds in
Dolphin Energy Limited has issued $1.3 billion of ten-year senior secured bullet bonds.
Nevertheless, JCR considers that Aichi has the capacity to ensure a certain level of fiscal discipline on a short-term scale, as indicated by the fact that it does not plan to borrow from the sinking fund with respect to the bullet bonds as a revenue source.
APSEZ's consolidated debt comprises mainly US dollar and Indian rupee bullet bonds. We expect its established access to capital markets and relationship with banks to mitigate refinancing risk.
Nevertheless, JCR considers that Aichi has the capacity to ensure a certain level of fiscal discipline on a short-term scale, as indicated by the fact that it does not intend to borrow from the sinking fund with respect to the bullet bonds as a revenue source.
• Instrument rating for the $500 million 4.5 per cent Series E senior secured bullet bonds due 2012: Aa2 / on review for possible downgrade
Nevertheless, JCR considers that Aichi has the capacity to ensure a certain level of fiscal discipline on a short-term scale, as indicated by that it does not intend to borrow from the sinking fund with respect to the bullet bonds as a revenue source.