HomeDefinitionsCompareDebt Stopping curve refunding rateThe financial definition for Stopping curve refunding rate:A refunding rate that falls on the stopping curve. Similar MatchesAdvance refundingAdvance refundingIn the context of municipal bonds, refers to the sale of new bonds (the refunding issue) before the first call date of old bonds (the issue to be refunded). The refunding issue usually specifies a rate lower than the issue to be refunded, and the proceeds are invested, usually in government securities, until the higher-rate bonds become callable. See: Refunding escrow deposits. High coupon bond refundingHigh coupon bond refunding../../finance-glossary/ a high-coupon bond with a new, lower-coupon bond. Junior refundingJunior refundingIssuing of new securities to refinance government debt that matures in one to five years. Further SuggestionsLow coupon bond refundingNet advantage of refunding Prerefunding Refunding Senior refunding Click to compare definitions of Stopping curve refunding rate Click to view definitions beginning st |