income bond

(redirected from Income Bonds)
Also found in: Financial.
Related to Income Bonds: Convertible bonds

income bond

n.
A long-term debt security in which the issuer is required to pay interest only when interest is earned.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

income bond

n
(Banking & Finance) a bond that pays interest at a rate in direct proportion to the issuer's earnings
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Mentioned in ?
References in periodicals archive ?
The Guaranteed Growth and Income Bonds are popular because you can roll savings into new bonds when terms end.
Guaranteed income bonds are pitched at 1.45 per cent gross on a one-year term and 1.90 per cent gross for three years.
It said it has reduced the maximum purchase limit for new sales of one- and three-year terms of Guaranteed Growth Bonds and Guaranteed Income Bonds, from PS1m to PS10,000, or PS20,000 for bonds held jointly.
Within the last day, the organisation has cut the maximum investment allowed into its one-year and three-year guaranteed growth and guaranteed income bonds. The bonds, which were introduced on December 1 last year, became very popular as they guaranteed GBP1m of savers' money instead of the GBP85,000 that is guaranteed by banks.
NS&I said that, as of Monday, it has reduced the maximum purchase limit for new sales of one and three-year terms of Guaranteed Growth Bonds and Guaranteed Income Bonds, from [pounds sterling]1 million to [pounds sterling]10,000, or [pounds sterling]20,000 for bonds held jointly.
Three-year guaranteed income bonds will now pay 1.9%, compared with 2.15% previously.
He said QIA's new strategy calls for increasing liquidity in the portfolio by investing in index portfolios and fixed income bonds, and raising the proportion of investments in North America, specifically in the US, as the performance of the US stock markets were excellent during this period.
In a move affecting more than 21 million customers, the changes which took place from May 1 apply to Premium Bonds, the Direct Isa, the Direct Saver and Income Bonds.
The strategic objectives from Daniel Merandi's techniques is to allow investors and individuals seeking financial injections into distressed real estate projects, to cover short-term capital growth via fixed income bonds secured by US Treasury, Government Security Equities, and investment grade corporate bonds.
Man Synergy Ltd can be accessed through a choice of structures: either capital guaranteed bonds or income bonds. The income bonds offer a coupon payment of 7 per cent p.a.
Man Synergy can be accessed through a choice of structures: either capital guaranteed bonds or income bonds. The income bonds offer a coupon payment of 7 per cent per annum and the capital guarantee provided by Credit Suisse International secures 100 per cent of initial capital at maturity, the statement said.