Make Whole Call
From Open Risk Manual
Definition
Make Whole Call. Call allowing the issuer to pay off remaining debt early
The issuer typically has to make a lump sum payment to the investor(s) derived from a formula based on the Net Present Value (NPV) of future coupon payments that will not be paid incrementally because of the call combined with the principal payment the investor would have received at maturity.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Make Whole Call"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/Bonds/index-en.html + |
