Arbitrage Bonds

Business / Finance / Arbitrage Bonds: Municipality issued bonds issued intended to gain an interest rate advantage by refunding a higher-rate bond in ahead of their call date. Lower-rate refunding issue proceeds are invested in Treasuries until the first call date of the higher-rate issue.

Mortgage Revenue Bonds

Business / Real Estate / Mortgage Revenue Bonds: A type of tax-exempt industrial development bond offered by state and local governments through their housing financing agencies. MORE

Mello-Roos Bonds

Business / Real Estate / Mello-Roos Bonds: Based on passage of the Mello-Roos Community Facilities Act of 1982, certain housing tracts may be within what are called community facilities districts where special taxes are assessed to finance des MORE

Municipal Bonds

Business / Real Estate / Municipal Bonds: Bonds issued to finance public improvements such as parks, schools and urban renewal projects. MORE

Policyholder Loan Bonds

Business / Finance / Policyholder Loan Bonds: Packaged loans acquired by policyholders that are secured by the cash surrender value of the policies, and are offered by a broker/dealer as bonds. MORE

Reset Bonds

Business / Finance / Reset Bonds: Bonds that allow the initial interest rates to be adjusted on specific dates in order that the bonds trade at the value they had when they were issued. MORE

Registered Bonds

Business / Accounting / Registered Bonds: Bonds for which the names and addresses of the bondholders are kept on file by the issuing company. MORE

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