Difference between revisions of "Call Feature"
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== Definition == | == Definition == | ||
− | '''Call Feature'''. A redemption provision defining the rights of the issuer to buy back a security at a call price after a call protection period | + | '''Call Feature'''. A redemption provision defining the rights of the issuer to buy back a security at a call price after a call protection period. |
− | Most corporate and municipal bonds have ten-year call features (termed call protection by holders); government securities typically have none. | + | Most corporate and [[Municipal Bond | municipal bonds]] have ten-year call features (termed call protection by holders); government securities typically have none. |
== Synonyms == | == Synonyms == | ||
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== See Also == | == See Also == | ||
* EDM Council / Quarule | * EDM Council / Quarule | ||
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[[Category:Debt Instruments]] | [[Category:Debt Instruments]] | ||
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Latest revision as of 14:18, 24 April 2024
Definition
Call Feature. A redemption provision defining the rights of the issuer to buy back a security at a call price after a call protection period.
Most corporate and municipal bonds have ten-year call features (termed call protection by holders); government securities typically have none.
Synonyms
- Call Provision
See Also
- EDM Council / Quarule