Doomsday Call

(redirected from Canada Calls)

Doomsday Call

A provision in a bond or other fixed income security allowing the issuer to redeem the security before maturity. When a doomsday call is exercised, bondholders are paid a fixed amount, either the par value or a certain percentage depending on the nature of the provision. Bond issuers include doomsday calls in some agreements to hedge against interest rate risk. That is, if interest rates lower significantly, they can exercise the doomsday call and issue a new bond at a lower interest rate. Informally, they are known as Canada calls, as they are relatively common on Canadian corporate bonds. See also: Callable bond.
References in periodicals archive ?
In its announcement of the media awards, Amnesty International Canada calls the re-education campaign one of the most brazen, large-scale human rights abuses of our time.
[Quotation]"Canada calls for an immediate independent investigation to thoroughly examine the facts on the ground - including any incitement, violence, and the excessive use of force...We will work closely with our international partners and through international institutions to address this serious situation."[Quotation]
"Canada calls for an immediate independent investigation to thoroughly examine the facts on the ground -- including any incitement, violence, and the excessive use of force," he said in a statement.
Canada calls on the government to ensure the safety and security of all minorities, to protect human rights and fundamental freedoms for all and to hold those responsible for the violence accountable, Freeland said.
The forecast for Canada calls for 3.7 percent growth in 2015 to $4.1 billion, with growth of 6.3 percent expected in 2016 to nearly $4.4 billion.
"As we have not yet received confirmation of the charges, Canada calls for their release."
The AI is boosted with something EA Canada calls "Pro Skills." EA Canada claims that the AI will behave more human-like than ever before.
TRADE DEAL: Canada calls for the London Stock Exchange
"Canada calls on all parties to the Comprehensive Peace Agreement to reaffirm their commitment and to work in the spirit of transparency and cooperation to ensure a peaceful and prosperous future for Sudan." Yesterday the Sudanese government dismissed accusations by the US administration that the ruling National Congress Party (NCP) is undermining the implementation following the controversy surrounding the passing of the referendum law in the national assembly.
Rheedlen Center has relied on what Canada calls the "superhero" model-dedicated individuals rescue children, one by one, from life on the streets.
Good thing, too: Agriculture Canada calls apples the most important fruit crop in Canada, and the fourth most important in the world!
Global Banking News-23 May 2008-Bank of Canada calls for new ways to avoid credit woes(C)2008 ENPublishing - http://www.enpublishing.co.uk

Full browser ?