Accrual bond

All you want to know about Accrual bond

An accrual bond is a fixed-interest bond that is issued at its face value and repaid at the end of the maturity period together with the accrued interest. In Germany, the accrued interest is compounded. In contrast to zero-coupon bonds, accrual bonds have a clearly stated coupon rate.

v • d • e Bond market

Bond · Debenture · Fixed income

Types of bonds by issuer	Agency bond · Corporate bond (Senior debt, Subordinated debt) · Distressed debt · Emerging market debt · Government bond · Municipal bond · Sovereign bond

Types of bonds by payout	Accrual bond · Auction rate security · Callable bond · Commercial paper · Convertible bond · Exchangeable bond · Fixed rate bond · Floating rate note · High-yield debt · Inflation-indexed bond · Inverse floating rate note · Perpetual bond · Puttable bond · Reverse convertible · Zero-coupon bond

Securitized Products	Asset-backed security · Collateralized debt obligation · Collateralized mortgage obligation · Commercial mortgage-backed security · Mortgage-backed security

Derivatives	Bond option · Credit derivative · Credit default swap · CLN

Pricing	Accrued interest · Bond valuation · Clean price · Coupon · Day count convention · Dirty price · Maturity · Par value

Yield analysis	Nominal yield · Current yield · Yield to maturity · Yield curve · Bond duration · Bond convexity · TED spread

Credit and spread analysis	Credit analysis · Credit risk · Credit spread · Yield spread · Z-spread · Option adjusted spread

Interest rate models	Short rate models · Rendleman-Bartter · Vasicek · Ho-Lee · Hull-White · Cox-Ingersoll-Ross · Chen · Heath-Jarrow-Morton · Black-Derman-Toy · Brace-Gatarek-Musiela

Organizations	Commercial Mortgage Securities Association (CMSA) · International Capital Market Association (ICMA) · Securities Industry and Financial Markets Association (SIFMA)