ch6: Bonds
Debt Characteristics
debt
loan
features
principal
maturity
due
interest
principal value
assets and earngs
priority
control
no vote
$ restrictions
Debt types
short term
T-bills
Repos
Fed Funds
Banker's Acceptance
Commercial paper
CD's
Euro$ deposits
MM Funds
long term
terms loans
bonds
govt
Fed
municipal
state
corporate
income
putable
indexed
floating-rate
mortgage
debenture
0 coupon
Junk
foreign debt instrucments
defined
eurodebt
Subtopic
contract features
indenture
call provision
sinking fund
convertible feature
recently
Price: interest rates
valuation
basic model
ratings
factors
importance
effect