kündbare schuldverschreibung

English - Turkish

Definition of kündbare schuldverschreibung in English Turkish dictionary

Related Terms

callable bond

istenebilen bond

German - English

Definition of kündbare schuldverschreibung in German English dictionary

callable bond

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