Irredeemable bond
(redirected from Irredeemable Bonds)Irredeemable bond
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Irredeemable Bond
1. Any bond that is not a callable bond. The issuer of an irredeemable bond may not call, refinance, or otherwise prevent the bond from reaching its maturity.
2. See: Perpetual bond.
2. See: Perpetual bond.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved