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Bond premium cycle, Accounting, Basic Statistics
Bond premium cycle
The excess of the price for which a connection is acquired or sold over its face value resulting from a disparity connecting the market rate of interest and the stated rate of given interest on the bonds, also referred to as original issue premium or (OIP). In governmental funds, bond premium associated with a tie up sale is reported as another best financing foundation.
Posted Date: 1/31/2012 4:55:01 AM | Location : United States
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