Series | Practical Law

Series | Practical Law

Series

Series

Practical Law ANZ Glossary w-016-0162 (Approx. 2 pages)

Glossary

Series

In the context of an Australian medium term note (AMTN) programme, a series comprises one or more tranches of bonds, all of which have identical terms except for the issue date, issue price and the first interest payment date. Bonds of the same series are fungible.