Difference between revisions of "Call Feature"

From Open Risk Manual
(Initial Entry)
 
 
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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
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'''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.
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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
 
 
== Disclaimer ==
 
This entry annotates a [https://spec.edmcouncil.org/fibo/ FIBO Ontology Class]. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the [https://opensource.org/licenses/MIT 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.
 
  
 
[[Category:Debt Instruments]]
 
[[Category:Debt Instruments]]
 
{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/DebtInstruments/index-en.html }}
 
 
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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