bearer bond


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Synonyms for bearer bond

a bond issued with detachable coupons that must be presented to the issuer for interest payments

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References in periodicals archive ?
40,000 Bearer Bond to Special Savings Certificates (SSC) / Defence Savings Certificates
The Pakistan Muslim League-Nawaz (PML-N) government had launched the Rs40,000 Premium Prize Bond (Registered) and these bearer bonds could be converted into the premium registered bonds of Rs40,000 denomination.
Gone are the days when one could drive the back roads of South Dakota, hunt pheasants off the hood of a car, and buy bearer bonds. Dodd Frank clearly created additional regulatory burdens for municipal issuers, underwriters, and municipal advisors.
DANISH BEARER BONDS THE Stansted deal involved PS6.6million worth of fake Danish government bearer bonds.
With a bearer bond, the coupon is detached from the bond and presented for payment of interest to the issuer's agent or the bondholder's bank.
Since the Treasury had no way of knowing who held a bearer bond when a payment on the bond came due, it could not disburse the payment on its own initiative; it had to wait until the holder asserted a claim.
Similarly, for currency bearer bond ratio, it is given by:
The federal government officials said that the CDNS was adopting a gradual approach to phase out bearer bonds. They said that the Rs25,000-denomination bearer bond can be discontinued after launching the registered bonds.
It was their belief that bearer bond securities will not be politically acceptable to the citizens since so much attention has been paid by government officials and the populace at large to the need for control of black market profits.
The section 3 of the Public Debt Act, 1944 says the federal government can issue security through stock transferable by registration in the books of the bank, through a promissory note payable to order or a bearer bond payable to bearer or in a form prescribed in this behalf or notified by government from time to time.
In millions of NOK 30/9 31/12 31/3 30/6 30/9 1999 1999 2000 2000 2000 Cash holdings and bank deposits 3 175 4 097 2 683 2 672 2 602 Total loans 190 593 191 493 164 151 165 927 168 556 Of which: To the private sector and municipalities 186 193 189 652 162 323 164 086 166 698 Other claims on the Treasury 3 136 806 806 Other assets 10 431 9 999 8 353 7 107 8 352 Total assets 207 335 206 395 175 993 175 706 179 510 Bearer bond issues 27 148 28 652 84 79 61 Of which: In Norwegian kroner 27 148 28 652 84 79 61 In foreign currency -- -- -- -- -- Other loans 161 752 162 602 165 548 165 707 168 212 Of which: Treasury 161 288 162 309 165 462 165 707 168 212 Other liabilities, etc.
In millions of NOK 30/6 30/9 1999 1999 Cash holdings and bank deposits 2 592 3 032 Total loans 188 086 190 557 Of which: To the private sector and municipalities 184 225 186 191 Other claims on the Treasury 3 136 3 136 Other assets 9 434 10 442 Total assets 203 248 207 167 Bearer bond issues 25 997 27 150 Of which: In Norwegian kroner 25 997 27 150 In foreign currency -- -- Other loans 159 367 161 720 Of which: Treasury 159 113 161 256 Other liabilities, etc.
Balance sheet (in millions of NOK) 31/3 30/6 30/9 1999 1999 1999 Cash holdings and bank deposits 3 071 2 592 3 032 Total loans 187 652 188 086 190 557 Of which: To the private sector and 183 547 184 225 186 191 municipalities Other claims on the treasury 3 136 3 136 3 136 Other assets 10 539 9 434 10 442 Total assets 204 398 203 248 207 167 Bearer bond issues 22 634 25 997 27 150 Of which: In Norwegian kroner 22 634 25 997 27 150 In foreign currency 0 0 0 Other loans 158 951 159 367 161 720 Of which: Treasury 158 593 159 113 161 256 Other liabilities, etc.
Balance sheet (in millions of NOK) 30/9 31/12 31/3 1998 1998 1999 Cash holdings and bank deposits 3 189 3 313 3 071 Total loans 181 911 187 763 187 652 Of which: To the private sector and municipalities 177 954 180 019 183 547 Other claims on the Treasury 3 042 3 136 3 136 Other assets 11 286 13 076 10 539 Total assets 199 428 207 288 204 398 Bearer bond issues 16 107 20 161 22 634 Of which: In Norwegian kroner 16 087 20 161 22 634 In foreign currency 20 0 0 Other loans 155 769 158 871 158 951 Of which: Treasury 155 146 156 193 158 593 Other liabilities, etc.