call date

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Call date

A date before maturity, specified at issuance, when the issuer of a bond may retire part of the bond for a specified call price.

Call Date

The first date on which a callable bond may be called by the issuer. Most callable bonds contain a provision preventing a bond from being called for a certain period of time. Interest payments are guaranteed during this period, but not afterward. The bond may be prematurely redeemed at any point after the call date. See also: Call protection.

call date

The date on which a security can be repurchased by the issuer at a predetermined price. The call date is established by the issuer at the time a security is issued.
References in periodicals archive ?
We consider the proposed hybrid capital securities to have "intermediate" equity content until their first call dates, which are not expected to be before 2018, because they meet our hybrid capital criteria in terms of their subordination, permanence, and optional deferability during this period.
MAF Holding can also redeem them for cash as of the first call date, which is not expected to be before 2018, and on defined dates thereafter.
The interest to be paid on the proposed capital securities will increase by 25 basis points (bps) in 2023, and a further 75bps 20 years after the first call date.
Consequently, in accordance with our criteria, we will no longer recognize the instruments as having "intermediate" equity content after the first call date, because the remaining period until its call date would, by then, be less than 20 years.
Second, we look at the distribution of call dates, which play a pivotal role in the asymmetric information and underinvestment models.
Second, the distribution of first call dates exhibits a degree of uniformity that seems inconsistent with the notion that call dates are set close to the date when new information will be revealed, as the asymmetric information and underinvestment theories state.
Our second test focuses on the distribution of first call dates among the callable bonds in the sample.
The theories can be tested indirectly, however, by examining the [TABULAR DATA FOR TABLE 5 OMITTED] variation in call dates.