Bunny bond (2024)

Term:

Bunny bond

Definition:

A bond that permits investors to reinvest the interest income into bonds with the same terms and conditions as the host bond. Note that bunny bond is a UK term only. OSCARs, which are used in the French market, have a maturity of 10 years and reinvestment is only possible between the first and sixth year.

Domain:

Finance

Source:

World Bank: Glossary of Finance and Debt

Bunny bond (2024)
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