The bonds or notes payable is then recorded separately as a credit in the same amount. Some variations exist for bonds bought or sold at a premium or discount. References ...

A serial bond structure is a common strategy for municipal revenue bonds because these bonds are issued for fee-generating projects built by states and cities. Assume, for example, that a city ...

Future value: $100,000 (The face value of the bonds). Number of periods: 10 (5 years of semiannual payments). Payment: $5,000 (5% semiannual coupon multiplied by the face value). Rate: 6% (12% ...