An ordinary bond, equipped with a constant interest rate until maturity, no call clauses, and thus a precisely fixed redemption date (bond paying back the principal on its maturity date, paying a coupon rate on specific dates, and not carrying any special features). – See bond, non-callable.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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