Funds are escrowed to retire a bond on its next call date. this bond is :_______
i. prerefunded.
ii. extinguished.
iii. defeased.
iv. defunded.

Respuesta :

This bond is i. pre-refunded.

Pre-funded bond is a government-issued, usually municipal, bond where the funds to pay it off at the call date are set aside in an escrow account.

Pre-refunded bonds are securities that can be usually escrowed in U.S. Treasury bonds or other obligations of the federal authorities. The bonds in escrow come due on the pre-refunded date and constitute the final protection. there's sincerely no threat that those bonds will no longer be redeemed on their pre-refunded date.

Learn more about Pre-refunded here: https://brainly.com/question/14971439

#SPJ1

Funds are escrowed to retire a bond on its next call date. this bond is i. pre-refunded.

A pre-refunding bond is a debt safety this is issued in order to fund a callable bond. With a pre-refunding bond, the company decides to work out its right to buy its bonds again earlier than the scheduled maturity date.

Pre-refunded bonds are securities that can be usually escrowed in U.S. Treasury bonds or other obligations of the federal authorities. The bonds in escrow come due on the pre-refunded date and constitute the final protection. there's sincerely no threat that those bonds will no longer be redeemed on their pre-refunded date.

Escrowed to adulthood refers to the location of funds from a new bond issue in an escrow account to pay off an older bond's periodic coupon bills and foremost. Escrowed to maturity municipal bonds are a shape of pre-funded municipal bonds, which can be subsidized via Treasury securities held in an escrow account.

Learn more about Pre-refunded bonds here: https://brainly.com/question/14971439

#SPJ4

ACCESS MORE
EDU ACCESS
Universidad de Mexico