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2. Characteristics of bonds Aa Aa To be effective issuing and investing in bonds, knowledge of their terminology, characteristics, and features is essential For example:

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2. Characteristics of bonds Aa Aa To be effective issuing and investing in bonds, knowledge of their terminology, characteristics, and features is essential For example: A bonds borrows and promises to repay on the maturity date A bond issuer is said to be in with the terms of the indenture agreement or if it violates one or more of the issue's restrictive covenants refers to its face value and the amount of money that the issuing entity if it does not pay the interest or the principal in accordance A bond contract feature that requires the issuer to retire a specified portion of the bond issue each year is called a A bond's preferred share, respectively, into a specified number or value of common shares. allows a bondholder or preferred stockholder to convert their bond or Suppose you read an article about the Golden Gate Bridge and Highway District bonds. It includes the following information: Bridge Bonds Series A Dated 7-15.2005 4.375% Due 7-15-2055 @ 100.00 What is the maturity date of this bond? O 7-15-2055

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