income bond


Also found in: Financial.
Related to income bond: convertible bond, junk bond

income bond

n.
A long-term debt security in which the issuer is required to pay interest only when interest is earned.

income bond

n
(Banking & Finance) a bond that pays interest at a rate in direct proportion to the issuer's earnings
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RBC Global Asset Management Inc, a part of Royal Bank of Canada (RBC) (TSX: RY) (NYSE: RY), has said that the name of RBC Monthly Income High Yield Bond Fund will change to RBC Strategic Income Bond Fund, effective January 25, 2016,.
E Fund is in the process of applying for new quotas for its RMB fixed income bond, after the first batch of RMB 1.
For a current income bond, the Wizard shows the current interest rate, the bond's next payment and final maturity dates, and allows a user to enter the amount of interest deferred from other bonds applied to the purchase of the current income bond.
NEW YORK -- Neuberger Berman Group LLC, one of the world's leading employee-owned money managers, is celebrating the 20-year anniversary of the Neuberger Berman High Income Bond Fund (tickers: NHIAX, NHICX, NHILX, NHINX, NHIRX), introduced February 1, 1992.
The Global Unconstrained Bond Fund and the Global High Income Bond Fund Invest to Capitalize on Expanding Fixed Income Opportunities
The bank is also planning to offer the Regular Income Bond, an income-only plan based on the Dow Jones Stoxx 50 index and a new five-year Super Tracker that would offer five times any FTSE100 rise up to 80 percent, provided the index does not fall by 50 percent and fails to recover.
The group is also launching two new bonds from tomorrow - the Guaranteed Income Bond, under which customers will be paid interest monthly, and the Guaranteed Growth Bond, under which people receive it at the end of their investment term.
EE # A: One option could be a high income bond, which offer a gross income up to about seven per cent per annum.
We had a cheque from one client for pounds 200,000 this morning - to go straight into a Guaranteed Income Bond.
Q I TOOK out a guaranteed Income bond five years ago for pounds 5,000 which has just finished.
The Guaranteed Income Bond offers a monthly income option, while the Guaranteed Growth Bond pays interest at the end of the term.
ACONSIDER a Secure Income bond that offers a guaranteed income and can return your original capital at the end of the term of the bond.