Callable bonds are a type of bond that the issuer can “call” or redeem before the maturity date. The specifics vary from bond to bond, but callable bonds always have one thing in common — the issuer ...

When companies and governments issue bonds, they do so with a specific maturity date attached to the bond. For example, a five-year corporate bond will pay interest for five years before it’s ...

Bond investors are used to studying features like yield, maturity and credit quality. But many municipal and corporate bonds throw a curve: a “call” feature that ends the income flow, adding a layer ...

For well over a decade, the institutional municipal market has been dominated by high 5% bonds callable at 100 in year 10. The premium market price corresponding to the artificially high coupon ...

Qualifying companies must meet the regulatory compliance disclosure and governance requirements of the jurisdiction where the ...

Discover essential bond terminology so you can become a savvy bond investor, unveil market dynamics, and successfully diversify your portfolio.

For example, to analyze a refunding proposal, we need to determine the cost of the outstanding and the refunding bonds on a present-value basis. Earlier this year, I showed that tax-exempt and taxable ...

Bank of America is offering a new 6% coupon, callable bond maturing in 2045, presenting a strong fixed income opportunity. The bank's financials are solid, with rising net interest income, robust loan ...