Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,761,056,805 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Optional Call

    0.02 sec.
optional call
The call of a bond by an issuer who wishes to terminate a loan, generally because interest rates have declined since the time of issuance. Optional calls are frequently made at prices slightly higher than par value. Some bond issues are not subject to call; most issues provide a period of years after issuance during which optional calls are prohibited. See also call protection.
Optional Call
The ability of a bond issuer to redeem (or call) the bond before maturity. The optional call usually gives bondholders a premium to par to compensate them for lost coupon payments. Most callable bonds have a certain amount of time that must elapse before the issuer may exercise the optional call. See also: Doomsday call.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.