Across
- 1. The face value of a bond, typically $1,000.
- 3. A bond that pays no periodic interest.
- 5. Long-term debt securities issued by the U.S. government.
- 7. A bond priced below its face value.
- 9. The entity that sells the bond to raise capital.
- 11. The return an investor expects to earn from a bond.
- 13. A measure of a bond issuer's creditworthiness.
Down
- 1. A bond priced above its face value.
- 2. The interest payment made to bondholders periodically.
- 4. The date when a bond's principal is repaid.
- 6. Failure of a bond issuer to pay interest or principal.
- 8. A bond that can be exchanged for shares of stock.
- 10. A legal contract outlining the terms of a bond.
- 12. A bond that can be redeemed by the issuer before maturity.