Hard call protection

HARD CALL PROTECTION - Usually refers to callable bonds. The period of time when a bond cannot be calle...
HARD CAPITAL RATIONING - A capital budget that under no circumstances can be violated.

hard call protection
For convertible bonds, one of two types of call protection. Hard call protection prohibits an issuer from calling an issue within a certain period of time.

Hard call protection
Hard call protection usually refers to callable bonds. The protection is the period of time when the bond cannot be called, no matter what the interest rate is.

Hard Call Protection
The period in the life of a callable bond in which the issuing company is not permitted to redeem the bond.
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See also: Call protection, Banks, Investment risk, Call feature, Internal rate of return