Call protection

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Revision as of 21:30, 27 April 2022 by imported>Doug Williamson (Classify page.)
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Protection for lenders/investors in securities, against the potentially adverse effects of call risk.


The issuer's right to call for early redemption is restricted.

For example, they may be prevented from making a call until a specified time period has elapsed.

Another type of protection is a Spens clause.


Non-bank investors buying bank loans in the secondary market have been the source of pressure for some call risk protection in loans.


See also