See Also: Refunded bond(finance)
Refunded bond(money)
Bond Buyer's Municipal Bond Index(finance)
Finance(money)
FINANCE(finance)
finance(2)(dictionary)
BMW Finance N.V.(finance)
finance(1)(dictionary)
finance(encyclopedia)
Finance houses(finance)

Refunded bond (finance)


Also called a prerefunded bond, a bond that originally may have been issued as a general obligation or revenue bond but that is now secured by an escrow fund consisting entirely of direct U.S. government obligations that are sufficient for paying the bondholders.