original maturity

Original maturity

Maturity at issue. For example, a five-year note has an original maturity of five years; one year later it has a maturity of four years.

Original Maturity

The time between the issue and the maturity date for a particular bond. For example, if a company issued a 20 years bond five years ago, its original maturity is 20 years, while its current maturity (or time between the present date and maturity) is 15 years. See also: Yield to maturity, Duration.

original maturity

The period between a security's maturity date and issue date. A bond issued 15 years ago that has an additional 10 years to maturity had an original maturity of 25 years. See also current maturity.
References in periodicals archive ?
Proceeds will be used to refinance a EUR300m floating rate bond and a SEK3bn floating rate bond, both callable at par, issued in 2017 and with original maturity in 2022.
It is also equivalent to 5.1 times the country's short-term external debt based on original maturity and 3.7 times based on residual maturity.
Gross international reserves stood at $83.6 billion as of end-March 2019 and represented five times cover for short-term debt under the original maturity concept,' the BSP said in a statement.
Despite the increase, Diokno said the key external debt indicators of the Philippines remained at prudent levels as the country's gross internal reserves (GIR) stood at $83.6 billion in end-March or equivalent to five times cover for short-term debt under the original maturity concept.
It is also equivalent to five times the country's short-term external debt based on original maturity and 3.5 times based on residual maturity, said the BSP.
It is also equivalent to 5.2 times the countrys short-term external debt based on original maturity and 3.6 times based on residual maturity.
Proceeds from the loan were used to pay off the existing USD 87.0 million mortgage loan with an interest rate of LIBOR + 1.65% and an original maturity date of November 2019.
It is also equivalent to 5.7 times the country's short-term external debt based on original maturity and 3.9 times based on residual maturity.
The bank issued the Sukuk on 11 November 2013 for an aggregate value of SAR 45 billion with an original maturity period of seven years, meaning that the Islamic bond would mature on 11 November 2020, but callable on 11 November 2018.
The tranche related to the FSO Asia (part of the same facility) will continue to run until its original maturity in 2017.
Summary: DUBAI - National Bank of Fujairah, or NBF, announced that it has repaid its Dh643 million subordinated loan to the UAE Ministry of Finance in full and ahead of its original maturity date of 2016, having received all necessary approvals from the country's Central Bank and Ministry of Finance.
The British firm plans to extend the life of Unite Capital Cities (UCC), its existing JV with GIC Real Estate, to September 2022 from the original maturity date of March 2013.