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Maturity Date

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Q: What is the day a bond or other obligation is due to be paid called?
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What is an on demand payment bond?

This is a type of credit enhancement that guarantees payment of an obligation and must be paid by the enhancer on the demand of the note or bond holder.


What types of things are paid for through general obligation munis?

The costs of building schools and sewers, for example, are paid for through general obligation bonds.


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When the owner of a fhlm bond dies does he or she receive the amount they paid for the bond?

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What is an investor who buys a bond called?

The investor is the person, company or institution who puts up the cash to buy the sucurity. They run the risk that they are not paid the contractual payments (coupons and face value) as per the bond's details.