National Insured Bonds definition

National Insured Bonds means, collectively, the GO Bonds and PBA Bonds that are insured by National.

Examples of National Insured Bonds in a sentence

Such proposals may take the form of one or more commutation transactions; provided, however, that no holder of Assured Insured Bonds, Syncora Insured Bonds or National Insured Bonds shall be required to accept any such proposal to commute the respective policies of issuance.