See Also: Refunding Escrow Deposits (REDs)(finance)
Refunding Escrow Deposits (REDs)(money)
Reds - Roulette(gambling)
Savings deposits(money)
Savings deposits(finance)
Demand deposits(money)
Demand deposits(finance)
MINERAL Deposits Limited(finance)
Multiple Security Deposits - Motor Sports(gambling)
escrow(dictionary)

Refunding Escrow Deposits (REDs) (money)


Definition: [crh] A financial instrument involving a forward purchase cDefinition: ontract that obligates investors to buy bonds at a certain rate when issued. The future dateDefinition: coincides with the first optional call date on an existing high-rate bond. In the interim, investors' Definition: =money">money is invested in secondary market Treasury bonds. The Treasuries mature around the Definition: ?rd=call+date">call date on the existing bonds, providing the money to buy the new issue and redeem the old one.