Callable bonds are a type of bond that the issuer can “call” or redeem before the maturity date. The specifics vary from bond to bond, but callable bonds always have one thing in common — the issuer ...
Discover what it means for a bond to trade above par. Learn why these bonds, priced higher than their face value, attract ...
For well over a decade, the institutional municipal market has been dominated by high 5% bonds callable at 100 in year 10. The premium market price corresponding to the artificially high coupon ...
Refunded bonds secure investor principal by holding the cash amount aside via the original issuer, providing low-risk ...
Bank of America is offering a new 6% coupon, callable bond maturing in 2045, presenting a strong fixed income opportunity. The bank's financials are solid, with rising net interest income, robust loan ...
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