View source for Tradable Debt Instrument Redemption Provision

== Definition ==
'''Tradable Debt Instrument Redemption Provision'''. Terms for the redemption of the debt represented by a debt security

Debt represented by a tradable debt security may be paid as a one off payment at maturity, by paying down principal amounts periodically, or by a call of the issue by the issuer. Debt that is defined by a convertible bond are redeemed by conversion into an equity security issued by the same company. More notes from the EDMC SME Review: Distinction between call and amortizing is whether you pay off everybody at the same time or via a lottery. SF can be either. either amortize the payment of a SF or pay it off by a lottery. The terms of the instrument determine that. Mandatory - all in the schedule. Mandatory to the bond issuer. Issuer has to pay off a certain amount at a certain time - this is in the Schedule. Callable - nothing mandatory.

== 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]]

{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/SEC/Debt/DebtInstruments/index-en.html }}

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