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Debt Securities

Across
If the first coupon of a bond is for less than 6 months
Bonds that do not pay interest at regular intervals and is purchased at a deep discount
The amount that the issuer agrees to pay the investor when the bond matures
The excess payment made by the issuer on a call provision that is more than the par value of the bond
Another name for the issuer in the bond agreement
When the issuer calls in a bond when interest rates decline
The potential that future distributions of interest and principal may need to be invested at a lower rate of return
A contract between an issuer and an investor
Another name for issuing debt because the issuer is borrowing against its net worth
The restriction on how soon a call feature can be exercised
A call feature that can be exercised at any time after the first call date
The yield amount that is the same as the bond's coupon rate
Another term for the yield to maturity
The date a bond becomes due
A bond that is sold for less than par value
Another name for the investor in the bond agreement
A bond that is sold for more than par value
The return a bondholder is making on their investments
Down
Allows the issuer to call in outstanding bonds
A bond's fixed rate of interest
The rate an investor in fixed-securities actually receives once inflation is taken into account
Used to redeem a portion of the bonds beginning a few years prior to maturity
A bond rate that remains stable for the term of the bond
The risk that the bond issuer may default and not be able to meet its obligations to pay interest and principal to bondholders
Means the issuer's obligation to the bondholder has ended
Annual interest/market price
Means the bondholder will receive the bond's par value plus the last interest payment
A loan structure that does not have all of the bonds mature at the same time
Adjusting bond rates
A bond that does not have the name of the owner recorded either on the bond or on the books of the issuer
If the first coupon of a bond is for more than 6 months
A bond that has the holder's name and address recorded on the bonds and on the books of the issuer
A fully registered bond which is not physically issued