Bonds that mature at more than one date with the result that the principal amount is repaid over a number of periods are known as:
A)Registered bonds.
B)Bearer bonds.
C)Callable bonds.
D)Sinking fund bonds.
E)Serial bonds.

Question

Quizplus · Accepted Answer

Serial bonds are the type of bonds that mature at more than one date with the result that the principal amount is repaid over a number of periods. Each bond in the issue matures on a different date, and the principal is repaid in installments over the life of the bond issue.

Bonds That Mature at More Than One Date with the Result