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Balloon interestIn the context of serial bond issues, the elevated coupon rate on bonds with late maturities.
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Balloon interestDefinition A higher coupon rate on serial bonds that matures at specific intervals at a later date. The coupon rate is often inflated, thus the name balloon interest. Bonds that have this inflated rat [..]
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Balloon interestis an increase in the coupon rate of a bond issue corresponding to the maturity of the bond. Serial bonds often use balloon interest.
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Balloon interestIn the context of serial bond issues, the elevated coupon rate on bonds with late maturities.
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