rostansfälligkeit
Rostansfälligkeit refers to a financial concept related to the maturity or due date of a financial instrument, often bonds or other debt securities. It specifically denotes the point in time when the principal amount of the debt becomes due and payable to the bondholder. When a bond reaches its rostansfälligkeit, the issuer is obligated to repay the original sum borrowed. This is distinct from coupon payments, which are typically made periodically throughout the life of the bond. Understanding the rostansfälligkeit is crucial for both issuers and investors. For issuers, it represents a significant cash outflow obligation that needs to be planned for. For investors, it signifies when they will receive their initial investment back, in addition to any interest earned. The term is often used in conjunction with other bond-related terminology, such as coupon rate, yield to maturity, and credit rating, to provide a comprehensive picture of a bond's financial characteristics.