Bullet bonds

A bond is a debt capital market instrument issued by a borrower, who is then required to repay to the lender/investor the amount borrowed plus interest, over a specified period of time. Bonds are also known as fixed income instruments, or fixed interest instruments in the sterling markets. Usually bonds are considered to be those debt securities with terms to maturity of over one year. Debt issued with a maturity of less than one year is considered to be money market debt. There are many different types of bonds that can be issued. The most common bond is the conventional (or plain vanilla or bullet) bond. This is a bond paying periodic interest pay-... 

By definition, Jumbo Pfandbriefe are always plain vanilla structures Jumbos are fixed-interest bullet bonds, the coupon on which is payable annually in arrears. The calculation of interest accrued is done uniformly using the actual/actual method in line with international practice. While this standardisation helps to enhance the transparency of the market, it inhibits the ability for these issues to be targets to an investor s specific needs and this is where the structured issues come into their own. 

Stripped convertibles offer investors fantastic avenues to access credits at levels significantly cheaper than comparable bullet bonds. Convertibles appeal most to hedge fund investors who are primarily interested in the cheap equity option and don t care about credit. This combined with... 

There are a large variety of bonds. The most common type is the plain vanilla, otherwise known as the straight, conventional, or bullet bond. A plain vanilla bond pays a regular— annual or semiannual—fixed interest payment over a fixed term. All other types of bonds are variations on this theme. 

Whenever a jacketed bullet strikes a target it is possible for the core and jacket to separate, with a consequent reduction in penetration. To prevent such an occurrence a variety of crimps, folds, jacket geometries, and melted core techniques are employed. Another method of interest to hand loaders is the use of a product called Core-Bond which is a flux that removes surface oxides allowing molten lead to bond directly to the jacket. This allows a degree of alloying between the two metals, which is claimed to provide bonding superior to that achieved by physical methods. Soldering of the jacket to the core has also been employed.65... 

Finn Aagaard, Trophy Bonded Bullets, American Rifleman Magazine (May 1987) 34. 

Kevlar is able to absorb great quantities of energy, such as the kinetic energy of a spreading bullet, through hydrogen bond breakage and the transition to the cis conformation. 

In James Bond movies, the hero is often swimming and has to dive deep into the water to escape the bullets from the enemy helicopter flying above him. How deep should he dive Assume the bullet is a sphere of diameter 0.5 in and mass 0.27 Ibm. It (hits the surface of the water vertically at a velocity of 1000 ft/s or less and will not inflict serious injury if it is slowed down to a velocity of 100 ft/s or less. For the purposes of this problem, assume that the drag coefficient is constant, independent of velocity, and equal to 0.1. 

During World War II, synthetic rubber and resin-modified phenolics were used to bond aluminum sheets (available only in in. thickness at that time) into billets from which airplane propellers were carved, thus replacing laminated wood, which often shattered on impact with a bullet. Similar adhesives were used to bond rubber to metal in a variety of vibration-damping applications. The most successful widely known product of the new technology was the automotive bonded brake lining first introduced in 1947, and now regarded as a symbol of quality and integrity [12, p. 490]. 

The same bond structure (bullet as maturity type, no embedded options). 

Bonds with embedded call and put options comprise a relatively small percentage of the European bond market. Exhibit 1.6 shows the percentage of the market value of the Euro Corporate Index and Pan-Euro Corporate Index attributable to bullets (i.e., option-free bonds), callable and putable bonds from the late 1990s through 31 May 2003. Accordingly, our discussion of bonds with embedded options in the remainder of the book will be confined to structured products. 

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