Bonds that mature at more than one date with the result that the principal amount is repaid over a number of periods are known as:
A) Registered bonds.
B) Serial bonds.
C) Bearer bonds.
D) Callable bonds.
E) Sinking fund bonds.

Question

Quizplus · Accepted Answer

Serial bonds are bonds that mature at different intervals, with the principal being repaid in installments over a period of time. This is in contrast to a bullet bond, which has a single maturity date and the principal is repaid in full at maturity. Registered bonds have their ownership recorded by the issuer, while bearer bonds are unregistered and are owned by whoever holds physical possession of the bond. Callable bonds can be redeemed by the issuer prior to maturity, and sinking fund bonds require the issuer to make regular deposits into a separate account to ensure there is enough money to pay back the principal at maturity.

Bonds That Mature at More Than One Date with the Result