cushion bond
A fixed income security offering investors a high coupon payment that does not see as much of a decline in price due to rising interest rates than other bonds experience, and does not see as much of a price increase due to falling interest rates. A cushion bond sells at a premium. "Cushion" refers to the soft landing that the bond experiences during interest rate fluctuations.
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cushion bond is ...
... part of the Bonds subject.







