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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.
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.