Senior refunding

Exchanging bonds for other bonds with longer maturities. opposite of Junior refunding.

Related Terms: 6 Fund, Junior, Junior refunding, Long, PPO, Refunding

Other Related Pages: Category: Bonds Starting With: S

Additional Related Terms: Allowance for depreciation, Accrual bond, Accrual of discount, Accumulation bond, Advance refunding, Agency bond, American Municipal Bond Assurance Corporation, Amortization of premium, Assumed bond, At par