Series 82: 3.3.1.1. Maturity Structure

3.3.1.1. Maturity Structure

New issues of bonds may be structured to mature in one of two ways. First, term bonds are those in which the entire issue is scheduled to reach maturity on the same date and offers a single interest rate. A corporation that issues $20 million of term bonds with a maturity of 10 years must repay the entire $20 million principal when the bond come