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Meaning of “indexed bond” in the English Dictionary

"indexed bond" in Business English

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indexed bondnoun [C]

uk   us   FINANCE
a type of bond in which interest or other payments are connected to an index so that they rise or fall with the rate of inflation: Real yields on indexed bonds are currently around 2%. The government has issued inflation-indexed bonds.
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(Definition of indexed bond from the Cambridge Business English Dictionary © Cambridge University Press)
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