Put provision

(redirected from Put Provisions)

Put provision

Gives the holder of a floating-rate bond the right to redeem the note at par on the coupon payment date.

Put Provision

A provision in some floating-rate bonds allowing a bondholder to redeem the bond at par on the date coupons are paid. This allows the bondholder to reinvest at a more favorable interest rate when the coupon rate changes on the floating-rate bond.
References in periodicals archive ?
Yes we've to put provisions in place for BATE's strengths and make sure they don't exploit us but, at the same time, we still need our attacking threat.
But he did point out that both chambers had put provisions in the legislation that would allow schools to give optional diagnostic tests to students in algebra II and English III.
8220;It is really important that organisations put provisions in place to help their staff deal with workplace stress,” she adds.
He said: "It gives many people who have been upset and outraged by revelations of child abuse of the past an opportunity to do something positive, to put provisions in our constitution to try and ensure we provide better protection for children.
The government must act now and put provisions in place to support the workers and both sectors need to work together to make sure the skills available are used to their full advantage.
Ben Franz Marwick, head of investor relations at Emirates NBD, also confirmed that the bank had put provisions in place to cover two thirds of its exposure to the debts of the Saad and Al Gosaibi Saudi conglomerates.
We have put provisions aside and we see no reason to change it.
Perry has said that lawmakers put provisions into the budget forbidding use of state money for benefits of employees whose salaries are paid with local money.
You've got to put provisions in for rescue if somebody needs to get to you, so you go through the plan beforehand.
We need to put provisions in place for subsequent years, training classroom assistants to cover it and finance too.
Also at the request of the Defense Agency, the governors currently can order relevant people to put provisions such as food and fuel under the control of the SDF in the case of an emergency.
Ameristar's bonds contain change of control put provisions, but they are trading at strong premiums so they are unlikely to be exercised.