special call

Extraordinary Redemption

A situation in which a bond issuer redeems a bond before its maturity because the revenue source paying the coupons disappears. For example, suppose a callable bond is issued to build a factory, and the revenue from the factory pays the interest on the bond. If the factory burns down, the company may redeem the bond at par so it no longer has to make interest payments. While the above example is catastrophic, most extraordinary redemptions occur for more mundane reasons; for instance, a mortgage-backed security may be extraordinarily redeemed if too many mortgages are refinanced. An extraordinary redemption is also called a special call.

special call

References in classic literature ?
History repeats itself, but the special call of an art which has passed away is never reproduced.
As this man afterwards exerted much influence in awaking the attention of his fellow savages to Christianity, it might seem that in this first visit of the messengers of the gospel he was singled out by a special call to work in the cause.
Earlier PM had directed ministry of religious affairs to establish special call centre in connection with missing Pakistani pilgrims.
Costumed characters from Disney's Frozen, fire eaters and traditional Morris dancing will entertain visitors while the Staffordshire Portable Amateur Radio Club (SPARC) will discuss the Castle internationally via longwave with special call sign 'GB6AC.
YOUR grandma waited so long For you to come along And then one day at 12 o'clock I got that special call Hello Ma, she's here She's beautiful Wait and see Her Mam's done a grand job And she looks just like me Then when I got to hold you My world was set aglow The everyday just didn't seem As dreary any more Your face, your lips Your beautiful smile It made my life so much more Worthwhile Oh, I wish that I could see you Just to make me smile Oh, how I miss you Poppy And I'm waiting all the while So tell them that I need you Tell them all the while That your grandma is Still here And she's waiting Just to smile.
15 and runs through March 31, depending on the weather; special call for those who can volunteer for overnight and morning shifts, or who have medical and mental health training; online at eganwarmingcenter.
KARACHI -- Raising different slogans in favor of their party chief, Imran Khan, hundred of Pakistan Tehreek-e-Insaf (PTI) workers staged sit-in here at Teen Talwar roundabout in the upper class Clifton neighborhood on the special call of party chairperson.
According to the BBC, the Isis leader has made a special call for judges, doctors, engineers and people with military and administrative expertise to help him to form an Islamic state, or caliphate, on territories it controls in Iraq and Syria.
The launch included the signing of a memorandum of understanding (MoU) with the InterAmerican Institute for Cooperation on Agriculture (IICA) and the CARICOM Regional Organisation of Standards and Quality (CROSQ), the opening of a special call for proposals--food safety for CARIFORUM agro-processing firms to receive financial assistance and, finally, the launch of the agency's new regional online food safety portal, said Caribberan Export Exec.
THIS week is to be a great territorial recruiting week in Wallasey and there is a special call to the boys of the borough to join the cadets.
At the beginning of the holidays in December last year, the Blood Transfusion Service issued a special call for blood donors to donate blood.
Renowned Saudi singer Abadai Al Jawhar made a special call from Rome to congratulate Abdu and apologized for not being able to attend the wedding due to prior engagements.