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09. Mai
2012
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The maturity date of the bond is the date on which the bond is repaid and extinguished. A bond is often described by specifying the coupon rate, the name of the issuer and the maturity date.
Some bonds do not repay the principal amount in one installment but spread it out over several years. In this case, the date of the last installment is often taken as the maturity data though the very notion of a maturity date becomes less useful in this case. The maturity at issue refers to the time to maturity from the date of issue of the bond and the residual maturity refers to the time to maturity at any subsequent point of time.
