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Alexis Michelle
on Nov 13, 2024

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Only callable bonds can be purchased by the issuing corporation before maturity.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a specified price.

Issuing Corporation

A company that has distributed shares to the public through an initial public offering (IPO) or other means of equity distribution.

Before Maturity

Refers to the period or action taken before a financial instrument, such as a bond or fixed-income security, reaches its maturity date or the due date for principal repayment.

  • Comprehend the terminology and consequences associated with convertible and callable bonds.
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Alexander SaundersNov 19, 2024
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