Callable: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>Doug Williamson (Clarify that the issuer is the borrower.) |
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Callable refers to an issue of securities where the issuer has the right to redeem the security before its stated maturity date. | Callable refers to an issue of securities where the issuer (borrower) has the right to redeem the security before its stated maturity date. | ||
Revision as of 08:57, 6 January 2018
Callable refers to an issue of securities where the issuer (borrower) has the right to redeem the security before its stated maturity date.
