Corporate Bonds definition

Corporate Bonds means a debt obligation of a United States-chartered corporation with a maturity date greater than 270 days, which may be interest-bearing or discount-purchased.

Corporate Bonds means debt securities issued by private and public corporations.

Corporate Bonds means debt obligations of U.S. corporations (other than Short Term Money Market Instruments or U.S. Government Obligations), which corporate debt obligations (a) provide for the periodic payment of interest thereon in cash, (b) do not provide for conversion or exchange into equity capital at any time over their respective lives, (c) have been registered under the Securities Act of 1933, as amended, and (d) have not had notice given in respect thereof that any such corporate debt obligations are the subject of an offer by the issuer thereof or exchange or tender for cash, securities or any other type of consideration (except that corporate debt obligations and Yankee Bonds, together, in an amount not exceeding 10% of the aggregate value of the Corporation’s assets at any time shall not be subject to the provisions of this clause (d)). Such corporate debt obligations must be rated at least Aa3 in the case of Moody’s. In addition, with respect to Moody’s, no corporate debt obligation held by the Corporation shall be deemed a Corporate Bond (i) if it fails to meet the criteria in column (1) below or (ii) to the extent (and only to the proportionate extent) the acquisition or holding thereof by the Corporation causes the Corporation to exceed any applicable limitation set forth in column (2) or (3) below as of any relevant Valuation Date (provided that in the event that the Corporation shall exceed any such limitation, the Corporation shall designate, in its sole discretion, the particular Corporate Bond(s) and/or portions thereof which shall be deemed to have caused the Corporation to exceed such limitation):

Examples of Corporate Bonds in a sentence

• The Scheme is a Close-ended Debt Scheme and the objective is to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.

• Profile of the typical investors The typical investor in the Sub-Fund would be a natural person or an Institutional Investor, who wants to invest in (i) Corporate Bonds, (ii) Sovereign Bonds, (iii) Sub Sovereign Bonds and (iv) Impact Bonds that combine good financial results with a good performance on environmental, social and governance issues.

• Investment policy The Sub-Fund primarily invests in shares of large cap companies that are listed on the worldwide markets, and in Euro-denominated Corporate Bonds, Impact Bonds, Sovereign Bonds and Sub Sovereign Bonds which comply with the sustainable investment strategy described in the general part of the Prospectus, in the section “Sustainability assessment”, and offer good investment prospects.

• Profile of the typical investors The typical investor in the Sub-Fund would be a natural person or an Institutional Investor, who wants to invest in shares of listed companies and (i) Corporate Bonds, (ii) Sovereign Bonds (iii) Sub Sovereign Bonds and (iv) Impact Bonds that combine good financial results with a good performance on environmental, social and governance issues.

• To provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.

More Definitions of Corporate Bonds

Corporate Bonds means the Financial Instruments and Transactions set out in section 5,below.

Corporate Bonds means non-guaranteed bonds and notes which were issued by DBJ after October 1, 2008.

Corporate Bonds means debt securities issued by corporations.

Corporate Bonds means corporate debt securities having the characteristics set forth in paragraph (iv) of the definition of Fitch Eligible Assets.

Corporate Bonds means the Financial Instruments and Transactions set out in section 5, below. “Discretionary Volume Matching Session” or “DVM Session” means a trading session using a Trading System that matches Trade Requests electronically at the Volume Matching Price, subject to the exercise of discretion by the Operator.

Corporate Bonds means non-callable debt obligations of a corporation having a rating of at least "A-" by S&P or "A3" by Moody's (or equivalent credit ratings if different rating categories are used); provided that if both Moody's and S&P have issued a rating thereon, such rating shall be no less than "A-"/"A3" (or equivalent credit ratings if different rating categories are used).

Corporate Bonds means debt obligations of U.S. corporations (other than Short Term Money Market Instruments or U.S. Government Obligations), which corporate debt obligations (a) provide for the periodic payment of interest thereon in cash, (b) do not provide for conversion or exchange into equity capital at any time over their respective lives, (c) have been registered under the Securities Act of 1933, as amended, and (d) have not had notice given in respect thereof that any such corporate debt obligations are the subject of an offer by the issuer thereof or exchange or tender for cash, securities or any other type of consideration (except that corporate debt obligations and Yankee Bonds, together, in an amount not exceeding 10% of the aggregate value of the Corporation's assets at any time shall not be subject to the provisions of this clause (d)). Such corporate debt obligations are subject to the following ratings limitations (which are cumulative) in the case of Moody's and S&P, respectively: