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callable bond
This page is about the various possible words that rhymes or sounds like callable bond. Use it for writing poetry, composing lyrics for your song or coming up with rap verses.
- Noun.
A bond that can be called (redeemed) by the issuer prior to its maturity, on certain call dates, at call prices. On the call dates, the issuer has the right, but not the obligation, to buy back the bonds from the bond holders at the call price. Technically speaking, the bonds are not really bought and held by the issuer, but cancelled immediately or no longer accrue interest at the original coupon rate.
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"callable bond Rhymes." Rhymes.com. STANDS4 LLC, 2024. Web. 20 Apr. 2024. <https://www.rhymes.com/rhyme/callable+bond>.
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