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Keywords:
Redeem,
Redemption,
Holder,
Par,
Recieves
Uncommon type of bond which allows the bondholder to redeem the bond at a specified...
A bond which can be redeemed at the holder's option on a specific date or dates.
A bond providing the holder with an option to tender to bond to the issuer for redemption at par on a specific future date or dates prior to stated maturity.
bond that the holder may choose either to exchange for par value at some date or to extend for a given number of years.
A bond that can be redeemed on a date prior to the stated maturity date.
A bond, at the holder's option, that can be redeemed at face value on a specific date or dates. In return for this right, the holder recieves a lower yield than on a similar fixed-rate bond. See: Face Value; Fixed Income Investment; Redemption; Yield
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