superbond

English edit

superbond (plural superbonds)

(finance) A financial instrument that consolidates multiple debts into a single bond.
- 2013, Central Intelligence Agency, The CIA World Factbook 2014, →ISBN:
  In January 2013, the government announced that it had reached a deal with creditors to restructure its $544 million commercial external debt, commonly referred to as the “superbond.”
- 2015, Tom Lansford, Political Handbook of the World 2015:
  In 2007 the debts had been aggregated into one superbond, whose interest rate began at 4.5 percent […]
- 2015 November 22, Michael Corkery, “Creditors Signal Potential Support for Overhauling Puerto Rico Debt”, in New York Times‎^[1]:
  As part of that new bond, general obligation holders would have the first claim on government revenues, giving them the highest priority in the superbond structure.
An adhesive force formed by multiple constituent bonds.
- 1990, Michio Jimbo, Yang-Baxter Equation in Integrable Systems, →ISBN, page 30:
  Each vertex of the superbond lattice is surrounded by four bonds of the original lattice.
- 2014, H.J. Herrmann, S. Roux, Statistical Models for the Fracture of Disordered Media, →ISBN, page 144:
  The current distribution in one superbond is by definition of the constant-current ensemble given for a unit current flowing through it.