Bonds that mature in installments are referred to as serial bonds. Bonds which do not pay interest unless the issuing company is profitable are called a. A bond that matures in installments is called a serial bond. Bonds which do not pay interest unless the issuing company is profitable are called. Bond issues that mature in installments are called serial bonds. The replacement of an existing bond issue with a new one is called refunding. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Bonds for which the owners names are not registered with the issuing corporation are called. When bonds mature in installments, they are referred to as serial bonds. Secured bonds offer protection to investors by providing some form of security, such as mortgage on real estate or a pledge of other collateral. A collateral trust bond is usually secured by stocks and bonds of other corporations owned by the issuing. A conversion feature may be added to bonds to make them more attractive to bond buyers. The rate used to determine the amount of cash interest the borrower pays is called the stated rate. Bond prices are usually quoted as a percentage of the face value of the bond. Bond issues that mature in installments are called serial bonds. If the market rate is greater than the coupon rate, bonds will be sold at a premium. The interest rate written in the terms of the bond indenture is called the effective yield or market rate. bonds that mature at a single specified future date are called bonds, whereas bonds that mature in installments are called bonds. The terms of a bond issue are set forth in a formal legal document called a bond. Unsecured bonds that are issued against the general credit of the borrower are called bonds. 6 bonds that mature in installments are called term bonds false serial bonds from xacc 291 at university of phoenix.