Puttable: Difference between revisions
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imported>Doug Williamson m (Spacing 20/8/13) |
imported>Doug Williamson m (Category added 9/10/13) |
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* [[Put]] | * [[Put]] | ||
* [[Redemption]] | * [[Redemption]] | ||
[[Category:Long_term_funding]] | |||
Latest revision as of 09:17, 9 October 2013
1.
A security where there is a provision to require the borrower to redeem prior to maturity at the discretion of the lender.
2.
A security where there is a provision for automatic early redemption on the occurrence of specified uncertain future events.
