Straight Bond


Also found in: Acronyms.

Straight Bond

A bond with no special features. A straight bond has a coupon that is paid to bondholders periodically. The issuer repays the principal at maturity. It does not include a conversion feature, a floating coupon, an extendible maturity date or other characteristics.
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The agency assigned its 'A+' rating to the US dollar-denominated straight bonds. It said that the long-term counterparty credit rating on the bank reflects its consolidated financial profile, as well as the consolidated financial profile and market position of its parent company, Sumitomo Mitsui Financial Group Inc.
Fujitsu Limited Twenty-Seventh Series Unsecured Straight Bonds (with inter-bond pari passu clause) 1.
And the convertible security has upside potential, an advantage that no money-market instrument or even most straight bonds can't match.
(MUFG) (NYSE: MTU)(TYO: 8306)(8306.MU), has offered JPY60bn of straight bonds in two tranches, and JPY65bn of subordinated bonds in Japan.
NTT DoCoMo, which is aggressively expanding its worldwide businesses, issued straight bonds worth 380 billion yen in March, following an increase in capital through public offering of its shares worth 950 billion yen in February.
said Wednesday it will float a total of 150 billion yen worth of straight bonds for domestic investors in two different maturity terms, with orders being taken immediately.
29 December 2011 - R&I has affirmed the AA+ rating on Japanese toll road operator East Nippon Expressway Company Ltd's series 8, 9, 10, 11 and 12 secured straight bonds due to Japan Expressway Holding and Debt Repayment Agency's (JEHDRA) becoming jointly liable for the securities.
Resona Bank, a unit of Japan's Resona Holdings Inc (8308.TO), has launched JPY20bn of 15-year straight bonds in Japan on Thursday.
Mizuho Corporate Bank's prime rate is linked to the market yields on its five-year, straight bonds.
2 December 2011 - S&P today attached its A+ rating to the series 77 senior unsecured domestic straight bonds issued by Japanese trading firm Mitsubishi Corp (TYO:8058) in the amount of JPY100bn (USD1.286bn/EUR955m).
Sumitomo Trust & Banking Company (8403.TO) (OTCBB: STBUY) has offered JPY50bn worth of 10-year subordinated straight bonds in Japan, Dow Jones has reported, citing documents filed at Japan's Ministry of Finance (MOF).
8 November 2011 - R&I confirmed yesterday the A+ issuer rating on the unsecured straight bonds series 14, 15 and 16 and the a-1 rating on the commercial paper programme of Japanese conglomerate Daikin Industries Ltd (TYO:6367).