call price

Call price

The price, specified at issuance, at which the issuer of a bond may retire part of the bond at a specified call date.

Call Price

1. The price at which a bond may be redeemed by the issuer before maturity. The price is set at the time of the issue. Call prices are set to reduce the issuer's risk of default; that is, the issuer may have a concern that it will not be able to make all coupon payments and redemptions at maturity and may cut its losses by redeeming at the call price.

2. The price at which a company may buy out its own preferred stock. The price is set at the time the preferred stock is issued. Reasons for exercising a stock call price include a desire to reduce dividends paid to preferred stockholders and a desire to increase earnings on common stock.

call price

The price at which an issuer may, at its option, repurchase a security for redemption before the security's maturity. For bonds, the call price often declines over the life of the security until it reaches par value at maturity. Also called redemption price. See also extraordinary call, optional call, provisional call trigger price, sinking fund call.
References in periodicals archive ?
New York time on the Business Day prior to the Intended Settlement Date the party exercising the Warrants has not paid the required call price, the Call Notice will be effectively rescinded, in which case settlement of the relevant Warrants would not occur and the Warrants would continue in effect and could be exercised on a subsequent date.
The call price is also referred to as "stop loss", "trigger point", "knockout point" or "barrier" by different traders.
A new tender will be called with a call price equivalent to 80 per cent of the starting price in this tender which failed," Kremikovtzi's receiver Tsvetan Bankov told SeeNews corporate wire, but could not give a date for the next sale attempt.
THE EXERCISE OF THE CALL WARRANTS IS CONDITIONAL UPON RECEIPT BY THE TRUSTEE OF THE WARRANT EXERCISE CALL PRICE WITH RESPECT TO SUCH EXERCISE ON THE REDEMPTION DATE.
Deputies released a statement asking for anyone with information about other incidents to call Price or Senior Deputy Ron Austin at the Rosamond sheriff's substation at (661) 256-2511.
This means a number with a special prefix (such as 0845 for local call price NTS) costs the same for the caller, no matter where he or she is calling from.
A well-known rule in corporate finance is that a firm should call a bond as soon as its market price reaches its call price.
Despite being thrown into the 626 area, the residents will not see a change in their phone bills since call distance determines call price, Hescox said.
In this paper, we examine calls of convertible bonds in which the effective call price of the bond exceeds the conversion value.
New York time on the Business Day prior to the Intended Settlement Date the party exercising the Warrant has not paid the required call price, the Call Notice will be effectively rescinded, in which case settlement of the relevant Warrants would not occur and the Warrants would continue in effect and could be exercised on a subsequent date.
Bank Trust National Association, as Trustee, as supplemented by the Series Supplement dated as of March 14, 2001, as further supplemented by a Supplement to the Series Supplement, dated March 27, 2001 (as amended, the "Trust Agreement") in respect of the Corporate Backed Trust Certificates as amended (the "Trust Agreement") in respect of the Corporate Backed Trust Series 2001-9 Trust (the "Trust") that the Call Warrants Holder has exercised its right to purchase all of the outstanding 4,089,627 Corporate Backed Trust (the "Certificates") on February 26, 2007 (the "Redemption Date") at the Call Price and effect an Optional Exchange for the Underlying Securities.
On May 23rd, the Trustee received the call price for the Term Assets.