What is the meaning of Refunding Bond?

Refunding Bond is the issuance of a new bond for the purpose of retiring an already outstanding bond issue.

Barry Goldsmith
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APABarry Goldsmith. (2010). refunding bond. Retrieved September 22, 2026, from http://smartdefine.org/refunding_bond/definitions/1162023
ChicagoBarry Goldsmith. 2010. "refunding bond" http://smartdefine.org/refunding_bond/definitions/1162023 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, refunding bond, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/refunding_bond/definitions/1162023>.
MLABarry Goldsmith. "refunding bond" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/refunding_bond/definitions/1162023>