A bond with a short-term mandatory tender date, typically between six months and five years, and yet a long maturity. When the tender date is reached, the bond is put back to the bondholder and rolls into the next tender period, while at the same time the interest rate is adjusted.
Related information about mandatory tender bond:
- mandatory tender bond - Financial Dictionary - The Free Dictionary
A bond with a long maturity but a shorter-term (generally six months to five years) mandatory tender date. Unlike an ordinary put bond, a mandatory tender bond ...
- What is mandatory tender bond? definition and meaning
Definition of mandatory tender bond: A bond with a short-term mandatory tender date, typically between six months and five years, and yet a long maturity.
- mandatory tender bond - Invest Definition
mandatory tender bond definition: A bond with a long maturity but a shorter-term ( generally six months to five years) mandatory tender date. Unlike an ordinary ...
- put bond - Business Definition
Also called option tender bond. See also mandatory tender bond, poison-put bond, yield to put. The American Heritage® Dictionary of Business Terms Copyright ...
- put bond - Invest Definition
See also mandatory tender bond, poison-put bond, premium put, yield to put. Case Study A put option on a bond benefits bondholders who are able to force the ...
- mandatory convertible security - Business Definition
manager · manage · managing underwriter · mandate · mandatorily redeemable shares · mandatory retirement · mandatory tender bond · manifest · manipulate ...
- Community Care2007.pdf - WHEFA
Sep 27, 2007 ... therefor in the Bond Purchase Account (see "Effect of Optional or Mandatory Tender—Bond. Purchase Account" below), at a purchase price ...
- preliminary official statement & memo part 1 - City of Pasadena
Feb 27, 2012 ... owner, by acceptance of a Mandatory Tender Bond, agrees to sell and ... the Mandatory Tender Bond to the Trustee for payment of the ...