FT MarketWatch

Bond swap

The simultaneous sale of one bond issue and the Purchase of another, to stretch out maturities or for Tax reasons. If a Bond swap is done for Tax reasons, the investor cannot Swap into a security that the IRS considers basically the same as the security that he/she swapped out of.

Related Terms: 9 Bond swap, Call, ECU, Purchase, SEC, SIC, Sue, Swap, Tax
Other Related Pages: Category: Taxes Starting With: B
Additional Related Terms: Allowance for depreciation, Accrual bond, Accrual of discount, Accumulation bond, After-tax basis, Agency bond, Agency security, American Municipal Bond Assurance Corporation, Amortization of premium, Asset-backed security