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Finance: What is a Dividend?
1777 Views

What's a dividend? At will, the board of directors can pay a dividend on common stock. Usually, that payout is some percentage less than 100 of ear...

Finance: What does "Breaking the Buck" Mean?
7 Views

What does “Breaking the Buck” mean? Breaking the buck means that a money market fund’s value has dropped to less than $1. This happens becaus...

Finance: What is Collateralized Mortgage Obligation (CMO)?
65 Views

What is Collateralized Mortgage Obligation (CMO)? A CMO is a mortgage bond that consists of a large number of different individual mortgages bundle...

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Finance: What is the Maturity of a Bond? 95 Views


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Description:

What is the maturity of a bond? Maturity refers to the time when an investment ends. When maturity happens, the investor is either on the hook for the cash or is paid out, depending on the nature of the investment. In some cases they choose and are able to extend the investment, in which case a new maturity date would be established.

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Transcript

00:00

finance a la shmoop what is the maturity of a bond ?oh come on.

00:08

doorbell bash, and prank phone calls whoopee cushions for the teacher? like how mature [person rings door bell]

00:13

is that ? right well a bond matures when it comes due. that is a company borrows a

00:17

hundred million bucks in 2019 for ten years paying five percent interest or

00:22

five million dollars a year to rent that money along the way, and then 2029 comes

00:27

around and well the bond matures. and lenders have that hundred million [bond is stamped]

00:31

dollars to the company get how much well if the company pays off its bond like it

00:36

promised then that last year 2029 the lenders get a hundred five million

00:41

dollars in that final year -that is they get the five million bucks in interest

00:45

or rent on the money that year and then they get their original principal back.

00:49

just like the person who borrowed it promised what happened that is the bond

00:52

will have matured. so goodbye whoopee cushions, and late night parties in hello

00:57

NPR in a responsible bedtime. [girl snores ]

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