The simultaneous sale of one bond issue and the purchase of another, to stretch out maturities or for tax reasons. If a bond swap is done for tax reasons, the investor cannot swap into a security that the IRS considers basically the same as the security that he/she swapped out of.
Related information about bond swap:
- Bond Swap Definition | Investopedia
A strategy in which an investor sells a bond and at the same time purchases a different bond with the proceeds from the sale.
- Bond Swapping
In a bond swap, you sell one fixed-income holding for another in order to take advantage of current market and/or tax conditions and better meet your current ...
- Portuguese Bond Swap Eases Pressure - WSJ.com
Oct 3, 2012 ... Portugal enters a debt extension trade, swapping short-dated debt for longer term bonds and slashing next year's repayment schedule.
- Bond Swap Puts Portugal on Path to Recovery - WSJ.com
Oct 7, 2012 ... Portgual's bond swap last week provides some breathing space for the country's finances in 2013, and has been hailed as a first, tentative step ...
- Bond Swap - Financial Dictionary - The Free Dictionary
Definition of Bond Swap in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Bond Swap? Meaning of Bond Swap as a ...
- Portugal buys breathing space with bond swap - Yahoo! News
Oct 3, 2012 ... From Yahoo! News: LISBON (Reuters) - Portugal returned to bond markets on Wednesday for the first time since a bailout last year, swapping ...
- Greek bond swap: Q&A - Telegraph
Mar 9, 2012 ... Greece has pulled off the biggest debt restructuring in history, triggering an orderly default but securing its financial future for now. Here is a ...
- Greek bond swap deal on a knife-edge - FT.com
Mar 4, 2012 ... Greece faces a decisive week in its struggle to avert a sovereign default, with a planned debt swap poised on a knife-edge amid doubts over ...