The substitution of a low coupon bond with a new issue of bond with higher interest. The bonds with low coupons are redeemed by the issuer and the debt is refunded with an issue of a higher yield bond.
Related information about low-coupon bond refunding:
- Low-Coupon Bond Refunding - Financial Dictionary - The Free ...
Definition of Low-Coupon Bond Refunding in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Low-Coupon Bond ...
- What is low-coupon bond refunding? definition and meaning
Definition of low-coupon bond refunding: The substitution of a low coupon bond with a new issue of bond with higher interest. The bonds with low coupons are ...
- Low-coupon bond refunding
Similar financial terms. Plain vanilla bond. A typical 'plain vanilla' bond issued in the United States specifies (a) a fixed date (maturity or expiry date) when the ...
- Coupon rate
Low-coupon bond refunding. Refunding of a low coupon bond with a new, higher coupon bond. Long coupons (a) Bonds or notes with a long current maturity.
- Coupon payments
Low-coupon bond refunding. Refunding of a low coupon bond with a new, higher coupon bond. Long coupons (a) Bonds or notes with a long current maturity.
- Liability funding strategies
Low-coupon bond refunding. Refunding of a low coupon bond with a new, higher coupon bond. Yield spread strategies. Strategies that involve positioning a ...
- Private Export Funding Corporation (PEFCO)
Low-coupon bond refunding. Refunding of a low coupon bond with a new, higher coupon bond. Liability funding strategies. Investment strategies that select ...
- L Glossary | BeingWarrenBuffett.com
BeingWarrenBuffett.com. Warren Buffett Knows the Language ...