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Bond Option

   Also found in: Wikipedia 0.03 sec.
Bond Option
An option to buy or sell (depending on whether it is a call or a put) a bond at a certain price on or before the expiry date. One buys a call bond option if one believes that interest rates will fall, causing an increase in bond prices. Likewise, one buys a put bond option if one believes that the opposite will be the case. See also: Stock option.


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Arkansas and Missouri, on the other hand, have created a 100% bond option.
8, 2006 and are due serially June 15, 2008-2027, or as a term bond option as determined by the successful bidder.
1, 2006-2020, with a term bond option, subject to optional redemption beginning Jan.
 
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