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bullet bond

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Financial Dictionary

Bullet Bond

A noncallable regular coupon paying debt instrument with a single repayment of principal on the maturity date.

Investopedia Commentary

Sometimes referred to as a virgin bond.

Related Links

Bond Basics Tutorial

See also: Bond, Bullet GIC, Bullet Repayment, Maturity, Zero Coupon Bond

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Financial Dictionary

bullet bond

A bond that is noncallable.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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