Deferred Futures Refer: step-up bond, payment-in-kind bond. Furthest months encompassed by a futures contract. Bonds selling at discount without any interest payment for the first 3 to 7 years. … [Read more...]
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Deferred Futures Refer: step-up bond, payment-in-kind bond. Furthest months encompassed by a futures contract. Bonds selling at discount without any interest payment for the first 3 to 7 years. … [Read more...]