HELOCs are
also callable loans.
Most preferred shares are
also callable, meaning the issuer can redeem the shares at any time, so they provide investors with more options than common shares.
Not exact matches
YTM is
also called Yield To Worst (YTW) if the bond is
callable.
Callable bonds (
also called redeemable bonds) can be redeemed by the issuer earlier than the maturity date, usually at the choice of the issuer.
Also, many corporate bonds are
callable, meaning that they can be called in by the issuing company and redeemed on a fixed date.
They must
also have views on the likely range of rates over the investment period and the market's perception of future rate uncertainty at the horizon date for reasons explained in Risks of Investing in
Callable Securities.
Callable bonds
also have a higher coupon rate than other bonds.
Also, v important, it's not
callable leverage.
KTP
also carries a unique call - option:
callable at any time at a price that would make the yield equal to the 30 - year US Treasury bond plus 20 basis points and never less than par ($ 25).
These are
also known as
callable securities.
They must
also have views on the likely range of rates over the investment period and the market's perception of future rate uncertainty at the horizon date for reasons explained in Risks of Investing in
Callable Securities above.