Fully Registered Bonds, a type of bond issuance where the issuer has a complete record of the owners of the bonds and who is entitled to receive interest and principal payments. The owners of fully registered bonds are not required to clip coupons.
Applying "Fully Registered Bonds" to Securities Exams:
Fully Registered Bonds are the most common form of bond issuance . The issuer maintains a full and complete record of the list of bond owners who are entitled to receive the interest and principal payments as well as a list of who is entitled to received communications regrading the bond issue. Book entry or journal entry is a form of fully registered bond issuance with no physical certificate.