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This is a bond issue that matures in intervals, but evenly. Serial bonds are used by those companies that expect regular cash inflows in the future since it helps in principal ...
These are those bonds that are issued at the same date and have a similar maturity date as well. Term bonds that have a call provision written in the indenture can be redeemed ...
Sinking funds have a feature of repayment every year. It is considered secure, but it does come with a risk of calls that turn out to be unfavorable.
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