Amanda Stanhaus

Tag: discount bond

Discount Bond

bond that is bought for less than its face value. It will pay its face value at maturity.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Boys:Men::Bonds:Maturity

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I’m glad I have reached the point in my life that I am not waiting for boys to mature into men, and instead I am waiting for my bonds to mature into money!

There are many types of bonds and I had a bit too much creative time on my hands, so below I describe them in their boy equivalents. Click on the bold for the classic definitions.

Callable bond: His ex-girlfriend takes him back.

Corporate bond: The well dressed, business type that meets me on time unless the market is hurting.

Coupon bond: Without fail, I’m given gifts twice a year.

Discount bond: He is still hurting from his last relationship, but if I stick it out I could be one lucky lady.

Government bond: The young politico raising money to make the world a better place.

Junk bond: Good at sweet talking $$ out of me. Not sure if I will every get my $$ back…but if I do, it will be much more than I gave him.

Premium bond: Top of the line trust funder.

Zero coupon bond: The type who gives no gifts, but I’m well-rewarded at the maturity.

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(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)