题目
A bond that is characterized by a fixed periodic payment schedule that reduces the bond’s outstanding principal amount to zero by the maturity date is best described as a:
选项
A.bullet bond.
B.plain vanilla bond.
C.fully amortized bond.
答案
C
解析
： C is correct. A fully amortized bond calls for equal cash payments by the bond’s issuer prior to maturity. Each fixed payment includes both an interest payment component and a principal repayment component such that the bond’s outstanding principal amount is reduced to zero by the maturity date. A and B are incorrect because a bullet bond or plain vanilla bond only make interest payments prior to maturity. The entire principal repayment occurs at maturity. ： C是正确的。完全摊销的债券要求债券发行人在到期前支付同等的现金。每笔固定支付包括利息支付部分和本金偿还部分，以便债券的未偿本金在到期日减至零。 A和B是不正确的，因为子弹债券或普通债券只在到期前支付利息。全部本金在到期时偿还。