Compound Interest Bonds definition

Compound Interest Bonds means any Bond of a Series, tenor and maturity so designated in the Related Series Indenture for which certain determinations under the Indenture are made on the basis of Accreted Value rather than principal amount.
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Compound Interest Bonds means those Bonds the interest on which will not be paid until the Stated Maturity thereof, or earlier upon redemption.
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Compound Interest Bonds means Bonds that bear interest which is calculated based on periodic compounding, payable only at maturity or earlier redemption.
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Examples of Compound Interest Bonds in a sentence

  • The Premium Compound Interest Bonds shall bear interest from the Issuance Date, calculated on the basis of a 360-day year composed of twelve 30-day months (subject to rounding to the Compounded Amounts thereof), compounded on the Compounding Dates as set forth in each Pricing Certificate, and payable, together with the principal amount thereof, in the manner provided in the Form of Bonds at the rates set forth in the Pricing Certificate.

  • Attached to each Pricing Certificate, if Premium Compound Interest Bonds are to be issued, shall be the Accretion Table.

  • Attached to the Pricing Certificate, if Premium Compound Interest Bonds are to be issued, shall be the Accretion Table.

  • The Premium Compound Interest Bonds shall bear interest from the Issuance Date, calculated on the basis of a 360-day year composed of twelve 30-day months (subject to rounding to the Compounded Amounts thereof), compounded on the Compounding Dates as set forth in the Pricing Certificate, and payable, together with the principal amount thereof, in the manner provided in the Form of Bonds at the rates set forth in the Pricing Certificate.

  • The costs of the Secretariat and funded delegates were covered by the EGMP operational budget.

  • The Bonds may be issued as Fixed-Rate Bonds, Variable Rate Bonds, Tender Bonds, Compound Interest Bonds, or Discount Bonds or any combination thereof in accordance with applicable provisions set forth below and the applicable Supplemental Indenture.

  • In the applicable Supplemental Indenture for any Compound Interest Bonds or Discount Bonds, the City shall provide for the method of determination of the Principal Amount and "interest" payable on such Bonds as of any date of calculation and for the purposes hereof such terms with respect to such Bonds shall have the meanings given in such applicable Supplemental Indenture.

  • If any Compound Interest Bonds are Outstanding or proposed to be issued, the total principal and interest coming due in any specified period shall be determined in accordance with the Supplemental Resolution of the Authority authorizing such Compound Interest Bonds.

  • Foreign pension income has special rules.- interest income earned but not yet received - example Canada Savings Bonds, Deferred Annuities, Term Deposits, Treasury Bills, Mutual Funds, Strip Bonds, Compound Interest Bonds- professional fees,- director fees,- scholarships, fellowships, bursaries.

  • In the applicable Supplemental Indenture for any Compound Interest Bonds or Discount Bonds, the Commission shall provide for the method of determination of the Principal Amount and "interest" payable on such Bonds as of any date of calculation and for the purposes hereof such terms with respect to such Bonds shall have the meanings given in such applicable Supplemental Indenture.(6) The Commission may issue Deferred Interest Bonds.


More Definitions of Compound Interest Bonds

Compound Interest Bonds means Bonds which are sold at an initial offering price of less than 95% of the principal amount thereof payable at maturity, and which are specifically designated as such in the Supplemental Resolution authorizing the issuance thereof.
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Compound Interest Bonds means bonds or obligations which for a stated period of time bear interest, which interest is calculated based on regular compounding, payable only (i) at the stated maturity or payment date or earlier redemption or prepayment or (ii) on a specified date from and after which date, such bonds or obligations bear interest payable on a regularly scheduled basis. Bonds or obligations described in clause (ii) above shall be deemed to be “Compound Interest Bonds” until the specified date on which the compound interest ceases to accrue.
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Related to Compound Interest Bonds

  • Current Interest Bonds means Bonds of a Series the interest on which is payable at least annually.

  • Stated Interest Rate means with respect to (i) the Class AA Certificates, 3.15% per annum, (ii) the Class A Certificates, 3.50% per annum and (iii) the Class B Certificates, 3.85% per annum.

  • Term Bonds means those Bonds designated as such and maturing on the date or dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and subject to mandatory sinking fund redemption.

  • Bond and Interest Fund means the Bond and Interest Fund of the Issuer for its general obligation bonds.

  • Floating Rate Notes means the Class A-2b Notes.

  • Fixed Rate Interest Payment Date has the meaning set forth in clause (d) of Section 2.01 of this Supplemental Indenture.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Series 2019 Bonds means, collectively, the Series 2019A Bonds and the Series 2019B Bonds.

  • Principal and Interest Account The principal and interest account created by the Servicer pursuant to Section 8.08(a) hereof. The Principal and Interest Account shall be an Eligible Account.

  • Accreted Interest Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.

  • Fixed Rate Notes Together, the Class A-1a Notes, the Class A-2 Notes, the Class A-3 Notes, the Class A-4 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.

  • Deferred Interest shall have the meaning set forth in Section 4.1.