What is bond amortization?
ThomsonReuters
OCTOBER 19, 2023
When a bond is amortized , the principal amount, also known as the face value, and the interest due are gradually paid down until the bond reaches maturity. For instance, if the bond matures after 30 years, then the bond’s face value, plus interest , is paid off in monthly payments. Jump to: What is amortization of a bond?
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