unamortized bond premium

Unamortized Bond Premium

The difference between the face value of a bond and the price above face value at which it is issued, less any interest that has already been amortized. Issuers of original discount bonds are required to keep a record of the unamortized bond premium.

unamortized bond premium

When a bond is originally sold at a premium to par value, the difference between the par value and the proceeds from selling the bond that has not yet been subtracted from interest expense.
References in periodicals archive ?
4 million of debt-related obligations outstanding as of June 30, 2011, including bonds, unamortized bond premium, notes and capital leases.
AND SUBSIDIARIES (Dollars in millions) (Unaudited) Net Debt Reconciliation Sep - 03 Dec - 03 Estimated Estimated Long term debt $690-700 $660-670 Short term debt 15-20 15-20 Total debt 705-720 675-690 Less: Fair value of hedged debt obligation 0 0 Unamortized bond premium 5 5 Cash and cash equivalents 5-10 5-10 Net debt $695-$705 $665-$675
AND SUBSIDIARIES (Dollars in millions) (All amounts estimated as of June 30, 2003) Net Debt Reconciliation Jun-03 Long term debt $685-690 Short term debt 15-20 Total debt 700-710 Less: Fair value of hedged debt obligation 0 Unamortized bond premium 5 Cash and cash equivalents 5-7 Net debt $690-698