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imported>Doug Williamson |
imported>Doug Williamson |
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| The risk to a lender/investor from the potential calling - for early redemption - of a callable bond.
| | Price to earnings ratio. |
| It gives the investor the unexpected problem of re-investing their money returned early.
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| So if interest rates have fallen the investor will receive a lower than expected return, for the unexpired term of the original (callable) bond.
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| == See also == | | == See also == |
| * [[101 call protection]] | | * [[Price to earnings ratio]] |
| * [[Call]]
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| * [[Call protection]]
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| * [[Callable bond]]
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| * [[Hard call protection]]
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| * [[Make whole clause]]
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| * [[Soft call protection]]
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| * [[Spens clause]]
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Revision as of 11:15, 22 June 2016
Price to earnings ratio.
See also
