callable bond

listen to the pronunciation of callable bond
English - Turkish
istenebilen bond
English - English
A bond that can be called (redeemed) by the issuer prior to its maturity, on certain call dates, at call prices. On the call dates, the issuer has the right, but not the obligation, to buy back the bonds from the bond holders at the call price. Technically speaking, the bonds are not really bought and held by the issuer, but cancelled immediately or no longer accrue interest at the original coupon rate
callable bonds
plural form of callable bond
callable bond
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