Sentences with phrase «usually callable»

The CDs are usually callable on each subsequent interest payment date.

Not exact matches

Usually, issuers only redeem callable bonds early when it is beneficial to them as a business.

Callable bonds (also called redeemable bonds) can be redeemed by the issuer earlier than the maturity date, usually at the choice of the issuer.

Callable securities: Securities that may be bought back by the issuer before they are due, usually at a premium over the par value.

Gail Vaz - Oxlade: What you're going to do is you're going to try and get rid of the callable debt first because a callable debt is a debt that the bank can demand back without any notice, virtually no notice, 24 hours usually.

Thus, a callable bond's true yield, called the yield to call, at any given price is usually lower than its yield to maturity.

For coupons, which are usually for a stated percentage of the face value of the instrument, the daycount convention does not matter unless the coupon is paid late or the bond is a callable bond that is called in between two coupon payments.