Examlex
The main responsibility of The Fed is to:
Bond Issue
The process by which a government or corporation raises funds by issuing bonds to investors, who lend them money in exchange for periodic interest payments and the return of principal at maturity.
Call Provision
A feature of a bond or other fixed-income security that allows the issuer to repurchase and retire the debt before its maturity date.
Par Value
The face value of a bond or stock as stated by the issuer, which is not necessarily indicative of its market value.
Maturity Date
The specific date on which the principal amount of a financial instrument is to be paid back in full.
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