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forward delivery

   Also found in: Financial 0.03 sec.
forward delivery
n
(Business / Commerce) delivery at a future date


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The 2007B bonds, which have a forward delivery of April 2007, will be offered through a syndicate led by Merrill Lynch & Co.
As part of this issue, Morgan Keegan also senior managed a $200 million forward delivery bond issue and served as provider for a $140 million forward starting swap for the refunding bonds.
The proceeds of the issued securities will be used to purchase eligible investments (charged assets), pursuant to forward delivery agreements between the trustee and BOANA.
 
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