Investment Glossary · Quick read · No ads
Callable Bond
A bond that gives the issuer the right to redeem it before the maturity date, typically when interest rates fall, allowing the issuer to refinance at a lower rate.
What is Callable Bond?
A bond that gives the issuer the right to redeem it before the maturity date, typically when interest rates fall, allowing the issuer to refinance at a lower rate.
About this page. Written by Associate Professor Charles Lo, CPA, PhD. Checked against reliable sources before publication. No ads and no paywall. Editorial standards · How we fact check · Corrections log · Report an error
Educational information only. Nothing on this page is personal financial, tax or legal advice. Investing involves risk, including the possible loss of principal.
