Banque Internationale pour la Reconstruction et le Developpement and Redemption: Difference between pages

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imported>Doug Williamson
(Link with Spens clause page.)
 
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(BIRD).  
The purchase and cancellation of outstanding securities through a cash payment to the holder.


International Bank for Reconstruction and Development.
More specifically, the paying off or buying back of a debt security by the issuer on or before its stated maturity date.  The redemption can be made at par value or at a premium, as is the custom when exercising a call option.


== See also ==
== See also ==
* [[International Bank for Reconstruction and Development ]]
* [[Call option]]
 
* [[Par]]
[[Category:The_business_context]]
* [[Premium]]
* [[Puttable]]
* [[Sinking fund]]
* [[Spens clause]]
* [[Undated]]

Revision as of 19:57, 10 March 2015

The purchase and cancellation of outstanding securities through a cash payment to the holder.

More specifically, the paying off or buying back of a debt security by the issuer on or before its stated maturity date. The redemption can be made at par value or at a premium, as is the custom when exercising a call option.

See also