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Step-Up Bond

A bond (a variable interest bond) whose coupon payment starts to increase after an initial period. It pays an initial…

    Callable Multi-Step Bond

    A bond (specifically a callable step-up bond) whose coupon is increased more than one time over its life. This bond...

      Deferred-Coupon Bond

      A bond whereby the issuer is allowed to defer coupon interest for a specified period of time. During the deferred-coupon...