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What does it mean if a bond is callable?

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asked Nov 4, 2012 in Bonds by anonymous
recategorized Nov 4, 2012 by Richard S
   

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A callable bond, also known as a redeemable bond, is a bond that can be redeemed by the issuer prior to the maturity date.
answered May 22, 2013 by carrieh Inquisitive Expert (19,820 points)

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