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are callable
noun
A callable bond.
Exact(22)
Last month, the company issued $400 million worth of 40-year unsecured public interest notes, or Pines, which yield 7.5percentt and are callable in 2006.
The great majority of bonds are callable, meaning that the issuer can redeem them at his option, upon appropriate notice, well before maturity.
The bonds are callable, to reflect the prepayment risk of the underlying mortgages.In this section The global gusher The three Scrooges The Rip van Winkle of risk Sweet success A Danish model in Aztec dress Shifting sands ReprintsDenmark's approach allows mortgage-backed securities to be standardised into large pools, which makes them more liquid and attracts investors.
Most munis are callable.
All three issues are callable in 2007 at $25.
Some callable agency bonds are callable at any time, while others are callable monthly, quarterly or even on only one specific date prior to maturity.
Similar(38)
All but roughly $40 billion of the $276.1 billion is callable.
The African members of the African Development Bank want to triple its capital to $99 billion 944% of which would be callable).
But except for the $5.1 billion, that new money is "callable capital," which resides with the member countries but can be drawn upon in an emergency.
The interest paid on them is the average market yield of all outstanding government debt that is callable in four years or more.
Its preferred is callable anytime.
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