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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The income bond pays 1.15 per cent gross, again with no notice of withdrawal and no penalty but with a maximum of PS1 million.
London: For retail investors, HSBC Global Asset Management launched its first dedicated Singapore dollar income bond fund.
E Fund is in the process of applying for new quotas for its RMB fixed income bond, after the first batch of RMB 1.1 billion was swiftly taken up by the market.
Barclays Capital, the wealth unit of Barclays Plc (LSE: BARC), has announced that it has launched an income bond.
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.
Global Banking News-March 8, 2018--HSBC launches dollar income bond for local investors in Singapore
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.
AA High Income Bond currently offers up to 7.5 per cent over five years.
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.
They offer just 1.5 per cent on their one-year and 1.95 per cent on their three-year Growth Bond, and 1.45 per cent on their one-year and 1.9 per cent on their three-year Income Bond.