| | InvestHub.com's
Finance Dictionary and Glossary of Investment Terms
Bullet Bond
Definition 1.
A noncallable regular coupon paying debt instrument with a single repayment of principal on the maturity date.
|
Definition 2.
A bond that is not able to be redeemed prior to maturity. A bullet bond is usually more expensive than a callable bond (in that the interest rate is lower), since the investor is protected against the possibility of the bond being called when market interes rates fall. also called bullet bond.
|
|
|