Bonds Flashcards
1
Q
Collateral Trust Bond
A
Bond that is tied and collaterald by real state
2
Q
Convertible Bonds
A
Bonds that can be converted into common stock
3
Q
Term Bond
A
Normal Bond with principal is matured and paid at the end of the period
4
Q
Serial Bond
A
Principal paid throughout the life of the bond not at the end of the period
5
Q
Deep Discount Bond
A
No Coupon payment all the principle and interest should be accrued for
6
Q
Bond DIscount
A
Market Rate is higher than stated or nominal rate so the borrower need to sell his bond at discount and amortize it over the life of the bond
