Mandatory redemption schedule

Schedule according to which bond sinking fund payments must be made.

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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