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Advance Refunding Bond

A bond which is mainly issued to refinance previously issued bonds that carry higher coupons than current market. An advance…

    ETM Bond

    It stands for escrowed to maturity bond; a bond whose principal and interest are paid using moneys held in an...

      Escrowed To Maturity Bond

      A bond whose principal and interest are paid using moneys held in an escrow account, as originally scheduled through the...