Wednesday, December 16, 2009

Bonds that deviate in repayment of principal :

B. Modifications of the unqualified rights to repayment of a fixed principal amount on a fixed date :

1) Noncallable, perpetual bonds :

Typical Examples :

2) Callable bonds without specified maturity date :

Typical Examples :

3) Bonds payable at option of the obligor after a specified date :

Typical Examples :

4) Bonds payable at the option of the holder on or after a specified date :

Typical Examples :

5) Bonds falling due on sale or reorganization of company :

Typical Examples :

6) Bonds optional as to character of principal payment :

Typical Examples :

7) Bonds with repayment of principal subject to nullification through option of the obligor to convert them into stock :

Typical Examples :

8) Bonds maturing at a premium above par ( sum is fixed but non standard) :

Typical Examples :

9) Bonds redeemable prior to maturity at a discount from par :

Typical Examples :

10) Bonds payable at an amount dependent upon general level of prices : ( RRB*)

Typical Examples :

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