Accrual Bond
Definitions
1
Posts
1
Posters
106
Views
-
An accrual bond is a bond that does not pay periodic interest payments. Instead, interest is added to the principal balance of the bond and is either paid at maturity or, at some point, the bond begins to pay both principal and interest based on the accrued principal and interest to that point.
Explore More Definitions
Browse our collection of 300,000+ community-written definitions