Serial bonds are a series of bonds that were issued on different dates but all come due at the same time.This arrangement is designed to simplify the repayment of the principal.

Name: Serial bonds are a series of bonds that were issued on different dates but all come due at the same time.This arrangement is designed to simplify the repayment of the principal.
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Serial bonds are issued on the same date but mature at different times, allowing for staggered repayment of principal over several periods.

Serial Bonds Are a Series of Bonds That Were Issued