In most cases, the final principal payment is made on the expected maturity date.
The soft bullet has an expected maturity date, which is the date on which the final principal payment is expected to sex offender registry texas houston be made, but is not guaranteed.
Breaking down 'Maturity Date the maturity date defines the lifespan of a security, informing you when you will get your principal back and for how long you will receive interest payments.
A bond with a longer term to maturity, or remaining time until its maturity date, tends to offer a higher coupon rate than a bond of similar quality but with a shorter term to maturity.
The B and C tranches pay a higher yield because they have a lower credit rating.