Bond Market Basics
What are callable and putable bonds, and how do they function?
May 9,24Understanding Callable and Putable Bonds When considering bond investments, two terms you will likely encounter are ‘callable’ and ‘putable’ bonds. These terms refer to specific provisions that a bond may carry, granting special rights to either the issuer or holder. It is essential to understand these concepts as they can significantly impact a bond’s yield, …
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