A single bond issue with multiple maturity dates is called a
A) callable bond.
B) premium bond.
C) serial bond.
D) term bond.

Name: A single bond issue with multiple maturity dates is called a A) callable bond. B) premium bond. C) serial bond. D) term bond.
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Question

Quizplus · Accepted Answer

A serial bond is a bond issue that matures in installments over a period of time. This structure allows the issuer to pay back the bond gradually rather than in a lump sum at maturity.

A Single Bond Issue with Multiple Maturity Dates Is Called