Article · Wikipedia archive · Last revised Jun 12, 2026

Serial bond

Serial bonds are financial bonds that mature in installments over a period of time. In effect, a $100,000, 5-year serial bond would mature in a $20,000 annuity over a 5-year interval. These are bond issues consisting of a series of securities blocks which mature in sequence, and the coupon rate for these various blocks can be different.

Last revised
Jun 12, 2026
Read time
≈ 1 min
Length
97 w
Citations
2
Source
Wikipedia ↗

Serial bonds are financial bonds that mature in installments over a period of time. In effect, a $100,000, 5-year serial bond would mature in a $20,000 annuity over a 5-year interval.1 These are bond issues consisting of a series of securities blocks which mature in sequence, and the coupon rate for these various blocks can be different.2

References

References

  1. Horngren C. (2007). Accounting (7th ed.). Upper Saddle River, NJ: Prentice. pp. 734. ISBN 0-13-243960-3.
  2. Fabozzi, Frank J. (2000). Fixed Income Analysis for the Chartered Financial Analyst Program. New Hope, Pennsylvania: Frank J. Fabozzi Associates. pp. 14. ISBN 1-883249-83-X.