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Old 12-16-2008, 10:11 AM
Bond Magician Bond Magician is offline
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Join Date: Oct 2007
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Default Continuation Certification

Quote:
Originally Posted by bad2thebond View Post
Why do some bonds have continuation certificates issued and some dont?

It really depends on the bond language. Some language states that bonds are continuous until canceled, so that particular bond would not need a continuation certificate.
Some bond language states that the bond must expire on a specific date or that a continuation certificate must be issued every year.
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