If a bond is "callable," it means that the issuer has the right to buy the bond back at a predetermined date before its full maturity date. The call could happen at the bond's face value, or the ...

Discover how negative convexity affects bond prices, key risks, and how to calculate it. Learn why mortgage and callable ...

A call provision allows bond issuers to repurchase their debt early. Explore how these provisions function in real estate financing and their potential benefits.

Callable bonds are a type of bond that the issuer can “call” or redeem before the maturity date. The specifics vary from bond to bond, but callable bonds always have one thing in common — the issuer ...

Normally, a bond is a very simple investment instrument. It pays interest until expiration and has a single, fixed lifespan. It is plain and safe. The callable bond, on the other hand, is the exciting ...

The advance refunding of tax-exempt bonds with taxable bonds is the dominant activity in the municipal markets. This is the major driver of the increase in taxable volume. According to a recent report ...

When companies and governments issue bonds, they do so with a specific maturity date attached to the bond. For example, a five-year corporate bond will pay interest for five years before it’s ...