consol


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Consol

A government bond with no maturity . Popular in Great Britain. The formula for valuing these bonds is simple. The consol payment divided by yield to maturity is the price of the bond.

Perpetual Bond

A bond in which the issuer does not repay the principal. Rather, a perpetual bond pays the bondholder a fixed coupon as long as he/she holds it. Prices for perpetual bonds vary widely according to long-term interest rates. When interest rates rise, perpetual bonds fall and vice versa. Perpetual bonds are most common in the United Kingdom, where they were used originally to pay for the military.

consol

A debt instrument having no scheduled return of principal and therefore perpetual interest payments and no maturity. Consols fluctuate widely in price with changes in long-term interest rates. They have never been popular in the United States. Also called annuity bond, perpetual bond. See also perpetuity.

consol

a FINANCIAL SECURITY issued by the government as a means of raising money. Consols are issued at a fixed price and bear a nominal fixed INTEREST RATE. Unlike other securities issued by the government such as TREASURY BILLS and BONDS, consols are irredeemable, i.e. they do not carry a specified redemption date. However, consols can be bought and sold on the STOCK MARKET at variable prices reflecting the forces of supply and demand for them.
References in periodicals archive ?
* CONSOL Marine Terminal Adjusted EBITDA4 - $40-$45 million
Also being showcased at GITEX 2012 is ConSol's Mobile
The potential use of proceeds to reduce Consol's debt pile and cut its borrowing needs to develop its large Marcellus holdings will have a benign effect on its financial profile, the agency noted.
Consol said the purchase would boost its proved reserves of gas by more than 50 percent to about 3 trillion cubic feet and double its potential reserves to about 41 trillion cubic feet.
If that ruling remains in effect, and if other alternatives for the disposal of water are not available, then CONSOL Energy may be forced to further idle the Buchanan Mine.
Consol limits sunbed session times so customers cannot takemorethan16minutes before the sunbed automatically shuts down.
One of my best jobs was at CONSOL, due to the breadth of responsibility and quality of people I worked with.
BRETT HARVEY, CEO of CONSOL ENERGY INC (CNX), describes the company's business and its background; prospects for the industry, with positive and negative trends; competitive threats; strategic opportunities for the firm including its marketing plans and acquisition potential; management strength and organization; and the financial prospects of the firm looking forward.
"After a very strong finish to 2018, I am pleased to report that the CONSOL team continues to perform consistently well despite the fluctuations we've seen in the commodity markets we serve," said Jimmy Brock, President and Chief Executive Officer of CONSOL Energy Inc.