Glossary - Fixed Income

Bullet Maturity: Bonds with entire amount paid as lump sum payment at maturity.

Non amortizing securities: Securities that only pay interest during the tenure and the entire principal is paid at maturity

Amortizing Securities: Securities that repay both interest and the principal amount over the tenure of the bond.

Sinking fund provision: A kind of amortizing feature in which issuer can pay all of an issue by the maturity date or may only repay a part of the total by the maturity date.