guaranteed bond

(redirected from Guaranteed Income Bonds)

Guaranteed bond

A type of bond for which a firm other than the issuer guarantees its interest and principal payments.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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Guaranteed income bonds are pitched at 1.45 per cent gross on a one-year term and 1.90 per cent gross for three years.
It comes months after they cut the amount people could put into their popular Guaranteed Growth or Guaranteed Income Bonds from PS1million to just PS10,000.
It comes months after it cut the amount people could put into its popular Guaranteed Growth or Guaranteed Income Bonds from PS1million to just PS10,000.
Within the last day, the organisation has cut the maximum investment allowed into its one-year and three-year guaranteed growth and guaranteed income bonds. The bonds, which were introduced on December 1 last year, became very popular as they guaranteed GBP1m of savers' money instead of the GBP85,000 that is guaranteed by banks.
NS&I said that, as of Monday, it has reduced the maximum purchase limit for new sales of one and three-year terms of Guaranteed Growth Bonds and Guaranteed Income Bonds, from [pounds sterling]1 million to [pounds sterling]10,000, or [pounds sterling]20,000 for bonds held jointly.
Three-year guaranteed income bonds will now pay 1.9%, compared with 2.15% previously.
She leads an organisation that deals in National Saving Certificates, Premium Savings Bonds, ISAs, Savings Accounts, Investment Accounts, Guaranteed Income Bonds and other products.
At least pounds 5,000 is required for guaranteed income bonds (GIBs) which, according to Colin Jackson at specialist financial advisor Baronworth, have paid a rising level of income throughout 2006 because life assurance companies use a mixture of assets, including corporate bonds, eurobonds and ordinary deposit accounts to underpin them.
QARE guaranteed income bonds a good idea and are they safe?
LATEST cut in rates at National Savings & Investments makes Guaranteed Income Bonds over two and five years a better buy, promises Essex-based Baronworth Services.
A Unfortunately Guaranteed Income Bonds are paid net of tax but do not allow you to claim back any tax.
Or consider one of the guaranteed income bonds offered by large insurance companies.

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