Call Feature
From Open Risk Manual
Revision as of 14:18, 24 April 2024 by Wiki admin (talk | contribs)
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
