Callable bond Meaning

Video shows what callable bond means. A bond that can be called (redeemed) by the issuer prior to its maturity, on certain call dates, at call prices. On the call dates, the issuer has the right, but not the obligation, to buy back the bonds from the bond holders at the call price. Technically speaking, the bonds are not really bought and held by the issuer, but cancelled immediately or no longer accrue interest at the original coupon rate.. callable bond synonyms: redeemable bond. Callable bond Meaning. How to pronounce, definition audio dictionary. How to say callable bond. Powered by MaryTTS, Wiktionary