Escrowed to maturity

The holding of Proceeds from a new bond issue in an escrow Account, to be used to pay off an existing bond issue at ITS maturity.

Related Terms: 8 Account, Escrow, ITS, Maturity, Proceeds, ROC, ROCE, Sue

Other Related Pages: Category: Bonds Starting With: E

Additional Related Terms: Account, Account statement, Account aggregation, Account balance, Active account, Alternate account, Asset management account, Accrual bond, Accrual of discount, Accumulation bond