Junior refunding

An Exchange by holders of Intermediate-term government bonds (maturing in 5 years or less) for Long-term government bonds (maturing in more than 5 years). opposite of senior Refunding.

Related Terms: 12 Exchange, Fund, Government Bond, Intermediate-term, Long, Long-term, PPO, Refunding, Ring, Senior refunding, Senior, Term

Other Related Pages: Category: Bonds Starting With: J

Additional Related Terms: 1035 exchange, Allowance for depreciation, Accrual bond, Accrual of discount, Accumulation bond, Advance refunding, Agency bond, American Municipal Bond Assurance Corporation, American Stock Exchange, Amortization of premium