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A serial bond is a bond issue in which the firm commits ahead of time to issuing bonds at a particular point in time and

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A serial bond is a bond issue in which the firm commits ahead of time to issuing bonds at a particular point in time and specifies it will also issue bonds at specific later points in time in the future (for example, the firm states it will issue new bonds each February 15 for 4 years) A serial bond is a bond issue in which the firm commits ahead of time to issuing bonds at a particular point in time and specifies it will also issue bonds at specific later points in time in the future (for example, the firm states it will issue new bonds each February 15 for 4 years)

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