What is another word for callable bond?
Synonyms for callable bond
callable bond
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Wiktionary
callable bondnoun
Synonyms:
redeemable bondcallable bondnoun
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.
Synonyms:
redeemable bond
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"callable bond." Synonyms.com. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.synonyms.com/synonym/callable+bond>.
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