Callable and puttable The issuer of a callable corporate bond maintains the right to redeem the security on a set date prior to maturity and pay back the bond's owner either par (full) value or a percentage of pa
Callable and puttable The issuer of a
callable corporate bond maintains the right to redeem the security on a set date prior to maturity and pay back the bond's owner either par (full) value or a percentage of pa
callable corporate
bond maintains the right to redeem the security on a set date
prior to maturity and pay back the
bond's owner either par (full) value or a percentage of par value.
A
callable municipal, corporate, federal agency or government security gives the issuer of the
bond the right to redeem it at predetermined prices at specified times
prior to maturity.