Railroad Bonds

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August 25, 2024 3 min read Definitions
Guaranteed Bond: Principal and Interest Assurance by a Third Party
Finance Investments Bonds Financial Instrument Investment Security Credit Enhancement Assured Income Railroad Bonds
A Guaranteed Bond ensures the payment obligations, both principal and interest, by an entity other than the issuing party. Commonly seen in railroad bonds, it assures security holders of income in exchange for relinquishing control.
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