This is a bond that issuers can redeem before it has reached a maturity date. The issuing company can repay their debt early when they hold a callable bond. These bonds are often redeemed once interest rates decrease.
This is a bond that issuers can redeem before it has reached a maturity date. The issuing company can repay their debt early when they hold a callable bond. These bonds are often redeemed once interest rates decrease.