TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

REFUNDING BONDS [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2002-01-30

English

Subject field(s)
  • Stock Exchange
  • Loans
  • Investment
OBS

Refunding. Replacing an old debt with a new one, often in order to lower the interest costs of the issuer. For instance, a corporation or municipality that has issued 14% bonds may want to refund them by issuing 10% bonds if interest rates have dropped.

French

Domaine(s)
  • Bourse
  • Prêts et emprunts
  • Investissements et placements
DEF

Émission d'obligations dont le produit est destiné au remboursement d'obligations émises antérieurement.

Spanish

Campo(s) temático(s)
  • Bolsa de valores
  • Préstamos
  • Inversiones
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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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