Inflation-linked bonds, callable bonds
, floating rate and local government bonds are excluded from the index.
The agency also gave its BBB rating to the bank's subordinated callable bonds
due 27 July 2017 issued in the amount of JPY10bn (USD129m/EUR94m).
However, it should not be used with callable bonds
due to its imprecision with this type of issue.
Using data from 1980-2003, we find that callable bonds
are often issued by firms with both information asymmetry and underinvestment problems.
As postulated by Taggart and Bodie (1978) and Barnea, Hauge, and Senbet (1980), risk incentive agency costs can be reduced by issuing callable bonds
because the call option value (i.
A Methodological Approach for the Valuation of Callable Bonds
in Emerging Markets: the TGI example
SpareBank One SR-Bank has announced that it will issue new bonds on the Norwegian bond market, envisaging callable bonds
in two tranches: one with a variable coupon rate and one with a fixed coupon rate in the non-call period.
International Resource News-1 September 2008-Vantage Drilling Announces Senior Secured Callable Bonds
Offering(C)2008 ENPublishing - http://www.
Require complete hedging of all F&F interest rate risk, using matching callable bonds
For callable bonds
, the excess of the purchase price over the call price is amortized through the call date (the earliest price and date are used if there is more than one).
Coordinate the final closing and settlement to have proceeds wired directly into the Town s current operating account and the payment of any outstanding bond anticipation notes or callable bonds
26 October 2011 -- JCR today assigned its BBB+ rating to JPY7bn (USD92m/EUR66m) subordinated callable bonds
, due 2 November 2021, to be issued by Shikoku Bank Ltd (TYO:8387).