An in-depth guide to the 30-Year Treasury Bond, detailing its characteristics, issuance by the U.S. government, interest payments, and comparison to other securities like U.S. Savings Bonds.
An agency bond is a type of bond issued by either a government-sponsored enterprise (GSE) or a federal government department in the United States. It differs from U.S. Treasury bonds in certain guarantees and tax treatments.
An amortized bond is a financial instrument in which the principal (face value) is systematically reduced over the life of the bond through regular payments that cover both interest and principal.
A bond covenant is a legal clause in bond documentation that stipulates specific conditions the issuer must adhere to or restrictions on certain activities to protect the bondholder's investment.
A bullet bond is a type of fixed-income security where the principal amount is paid in full at maturity instead of being amortized over the life of the bond.