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There is no maturity in the debate about risk.
Britain even has perpetual bonds with no maturity date.
But investors in the preferred shares, which have no maturity dates, want out.
They have long-term maturities or, in fact, no maturity dates at all.
They have long-term maturities or, in the case of the preferred shares, no maturity dates at all.
Although a preferred issue has no maturity date, it may be given redemption terms much like those of a bond, including a conversion privilege and a sinking fund.
Similar(41)
Unlike most bonds, MBSs have no fixed maturity.
The fact that early bonds had no fixed maturity date ensured that any change in interest rate was fully reflected in the capital value of the bond.
"There is no fixed maturity date" with funds, noted James A. Klotz, president of FMSbonds, a municipal bond dealer in Boca Raton, Fla., meaning that fund investors have no option of holding bonds until they come due and thus obtain full payment.
And unlike debt, it would have no fixed maturity date but rather would become redeemable in cash only when the secretary of the Treasury was able to certify that there's enough money available in the Treasury's general fund to cover it.
Bond funds also have no defined maturity date, and they fluctuate in price inversely with the prevailing interest rates.
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