Bond Anticipation Note - BAN


Bond Anticipation Note - BAN
A short-term interest-bearing security issued in the anticipation of larger future bond issues.

Bond anticipation notes are smaller short-term bonds issued by governments and corporations. Knowing that the proceeds of the larger future issue will cover the anticipation notes, the issuing bodies use the notes as short-term financing.


Investment dictionary. . 2012.

Look at other dictionaries:

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  • revenue anticipation note — ( RAN) A short term note sold by a public entity that will be repaid from the proceeds of anticipated nontax income. American Banker Glossary ( RAN) A short term municipal debt issue that will be repaid with anticipated revenues, such as sales… …   Financial and business terms

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  • Municipal bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

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