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Any-Interest-Date Call
(redirected from Any Interest Date)

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Any-Interest-Date Call
A provision in some municipal bonds giving the issuer the right to redeem a bond before maturity on any date that the issuer owes coupons to bondholders.


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The new bonds are due July 1, 2016 with mandatory sinking fund redemption beginning July 2012 for $240 million bonds allocated among series A, B, C and D and beginning July 2013 for $68 million series D bonds; optionally callable on any interest date at par.
 
 
 
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