Bond

Bond means a security in the form of a draw-down bond or note issued by the Qualified Issuer, with each advance of funds thereunder bearing interest at an applicable Bond Rate established by the Bond Purchaser in accordance with section 1808.300 of this part, and sold to the Bond Purchaser, the proceeds of which will be used for Eligible Purposes, and which benefit from a Guarantee;

Source

12 CFR § 1808.102

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Scoping language

For purposes of this part, capitalized terms used herein and not defined elsewhere are defined as follows:

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