Bond Swap
A strategy in which an investor sells a bond and at the same time purchases a different bond with the proceeds from the sale.

Investopedia Says:
There are several reasons why people use a bond swap: to seek tax benefits, to change investment objectives, to upgrade a portfolio's credit quality or to speculate on the performance of a particular bond.

Related Terms:
Bond
Discount Bond
Face Value
Premium Bond
Swap
Wash Sale

• Covariance
• Covenant
• Cover
• Coverage Initiated
• Coverage Ratio
• Coverdell Education Savings Account (ESA)
• Covered Call
• Covered Security
• Covered Warrant
• Cover On A Bounce
• Cover On Approach
• Cowboy Marketing
• Crack
• Crack Spread
• Cramer Bounce
• Crammed Down
• Crash
• Crawling Peg
• CRC
• Creation Unit
• Creative Destruction
• Credit
• Credit Agreement
• Credit Balance
• Credit Bureau