Callable or Redeemable Bonds: Types, Example, Pros & Cons The Motley Fool
At such a time, issuers evaluate their outstanding loans, including bonds, and consider ways to cut costs. If they feel it is advantageous for them to retire their current bonds and secure a lower rate by issuing new bonds, they may go ahead and call their bonds. If your callable bond pays at least 1% more …
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