Step Up Bond

Definition

Step Up Bond. Bond with a coupon that increases (steps up) while the bond is outstanding

The step up may be one time, or occur according to a schedule or at regular intervals.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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