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high-coupon bond refunding

The replacement of a high interest coupon bond with a new issue of bonds with a lower rate. This is exercised by the issuer when interest rates are declining and the issued bonds have a call provision.

Related information about high-coupon bond refunding:
  1. High-Coupon Bond Refunding financial definition of High-Coupon ...
    High-coupon bond refunding. Replacing a high-coupon bond with a new, lower- coupon bond. High-Coupon Bond Refunding. A bond that retires another bond ...
     
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    Definition of high-coupon bond refunding: The replacement of a high interest coupon bond with a new issue of bonds with a lower rate. This is exercised by the ...
     
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  4. Yahoo! Financial Glossary
    High-coupon bond refunding: Refunding of a high-coupon bond with a new, lower coupon bond. Highly leveraged transaction (HLT): Bank loan to a highly ...
     
  5. Zero coupon bond - Financial Definition
    See: Government securities. High-coupon bond refunding. Refunding of a high- coupon bond with a new, lower coupon bond. High-yield bond. See:junk bond.
     
  6. Glossary - Laidlaw Investment Banking Company - Laidlaw ...
    High-coupon bond refunding. Replace a high-coupon bond with a new, lower- coupon bond. High credit. The maximum amount of outstanding loans for a ...
     
  7. Bond
    High coupon bond refunding: • Refunding of a high-coupon bond with a new, lower coupon bond. High yield bond: • See:junk bond. Hurricane bonds: • Are also ...
     
  8. Level-Coupon Bond Definition
    Related posts: Low-Coupon Bond Refunding · Zero Coupon Bond · Full Coupon Bond · Current Coupon · High-Coupon Bond Refunding. Filed Under: l Tagged ...