偿债基金的中文解释
指强制借款人预先支付资金,赎回某个额度的证券,从而减少到期时的本金额。不管二级债券市场如何波动,均要向一个特别账户支付预付款。
Sinking Fund的英文解释
Mandatory prepayments made by a borrower to
redeem a certain
amount of an issue, thus reducing the
principalamount due at maturity. The prepayments are made
regardless of price movements in the
secondary bond market, through payments to a special account.