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Serial Issue

A bond issue (particularly a municipal issue) in which a certain proportion (installment) matures at regular intervals (e.g. each year)…

Serial Bond

A bond (particularly issued by municipalities) in which a certain proportion (installment) matures at regular intervals (e.g. each year) until…

Term Bond

A series of bonds that are issued by the same borrower and mature on the same date. All the bonds…