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To be effective issuing and Investing in bonds, knowledge of their terminology, characteristics, and features is essential. For example: A bond's refers to the interest

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To be effective issuing and Investing in bonds, knowledge of their terminology, characteristics, and features is essential. For example: A bond's refers to the interest payment or payments paid by a bond. A bond issuer is said to be in if it does not pay the Interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the Issue's restrictive covenants. 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 allows a bondholder or preferred stockholder to convert their bond or preferred share, respectively, into a specified numbe value of common shares. 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 0 100.00 What is the issuing date of this bond? 7-15-2055 7-15-2005

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