Mandatory redemption schedule(redirected from Mandatory Redemption Schedules)
Mandatory redemption schedule
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Mandatory Redemption Schedule
The schedule according to which the issuer of a bond with a sinking fund provision must set aside funds to repay the bond at maturity. Bonds with sinking fund provisions require the issuer to put money aside to repay bondholders at maturity. This reduces the risk of default. The schedule according to which these funds are put aside is the mandatory redemption schedule.
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