Sentences with phrase «noncallable for»

Not exact matches

For noncallable bonds modified duration and effective duration are the same.

CMBS, because it is noncallable, makes a lot more sense for longer - dated liabilities.

Yields on callable bonds tend to be higher than yields on noncallable, «bullet maturity» bonds because the investor must be rewarded for taking the risk the issuer will call the bond if interest rates decline, forcing the investor to reinvest the proceeds at lower yields.