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Investing Glossary: Accrual bond

Copyright 2008, Campbell R. Harvey. All Rights Reserved.
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Term:
Accrual bond
Definition:
A Bond on which Interest accrues but is not paid to the Investor during the time of accrual. The amount of Accrued interest is added to the remaining Principal of the bond and is paid at maturity.



 

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12/4/2008 - SV1