When all the bonds in a bond issue mature on the same date, the bonds are called _________ bonds.

Question

Quizplus · Accepted Answer

When all bonds in a bond issue mature on the same date, they are referred to as term bonds. This means that investors will receive the principal and any remaining interest payments on a single specific date. Term bonds are often issued to finance long-term projects and have a set maturity date that may range from several years to several decades.

When All the Bonds in a Bond Issue Mature on the Same