Step-up bond

A bond that pays one Coupon rate for an initial period followed by a higher Coupon rate.

Related Terms: 5 Coupon, Coupon rate, High, Low, Owe

Other Related Pages: Category: Bonds Starting With: S

Additional Related Terms: 52-week high, 52-week low, Allowance for depreciation, Average collection period, Adjustable rate, Accrual bond, Accumulation bond, Agency bond, American Municipal Bond Assurance Corporation, Assumed bond