Subordinated Bond has the meaning specified in Annex C.
Subordinated Bond means any debt security (that is not a Bank Loan) that is subordinated to any senior unsecured debt obligations of the related issuer.
Subordinated Bond or “Subordinated Bonds” means any Bond or Bonds secured in the manner set forth in Section 5.01(j) or otherwise issued pursuant to the Indenture on terms and conditions that are subordinate in any respect to any other Series of Bonds.
Examples of Subordinated Bond in a sentence
The Subordinated Bond is counted towards Tier-II capital of the Bank.
Series 3 Interest on the Series 3 Subordinated Bond is payable quarterly on February 1, May 1, August 1 and November 1.
Moneys in the Subordinated Bond Principal Account shall be used to pay principal of the Subordinated Bonds when due.
The payment of the principal and interest of the Series 3 Subordinated Bond is subordinated to all senior bonds.
BRPD (BPIS)661/14B(P)/2098-1542 dated February 18, 2019 have given their consent for raising regulatory capital by amount of BDT700.00 (Seven hundred ) crore only through issuance of FSIBL 3rd Mudaraba Subordinated Bond (Private Placement) with 7 years maturity for enhancement of Tier-II capital as per requirement of Basel –III.
More Definitions of Subordinated Bond
Subordinated Bond means an unsecured bond specifying rights of the bondholder subordinate to the rights of general creditors;
Subordinated Bond means the subordinated bond to be issued by AgriBank and subscribed in full by the Issuer in accordance with the terms described in this Company Admission Document;
Subordinated Bond means a Term Subordinated Bond or an Undated Subordinated Bond.
Subordinated Bond means a bond that, in the event of liquidation, is prioritised lower than
Subordinated Bond means an unsecured bond where the rights of the bondholders are prescribed to be subordinate to those of the ordinary creditors;
Subordinated Bond means unsecured bond wherein the rights of the bondholders are prescribed to be subordinate to those of ordinary creditors;
Subordinated Bond. An issue that ranks after secured debt, debenture, and other bonds, and after some general creditors in its claim on assets and earnings. Owners of this kind of bond stand last in line among creditors, but before equity holders, when an issuer fails financially.