Callable Stock - Callable stock is stock that is issued by a corporation who retains the rights to redeem, or buy back, on demand, at a specific time.
callable bond investment & finance definition
A bond that the issuer can demand the investor return before its stated maturity date. The issuer repays the investor the principal amount.
Callable
Under certain circumstances the company that issues a bond, if stated as a callable bond from the purchase, may call a bond in. Essentially they can buy the bond back from the bond owner to avoid paying them interest.
Callable Preferred Stock
Investment Dictionary:
Callable Preferred Stock
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Callable
A feature available for most bonds and preferred stocks that gives the issuer the ability to buy the security back from investors before the scheduled date of maturity.
Callable
Meritano, infine, di essere richiamate le obbligazioni callable; si tratta di obbligazioni a tasso fisso munite di una clausola che attribuisce all'emittente la facoltà di rimborsare anticipatamente il prestito .
Callable or Redeemable Bonds
Callable or redeemable bonds are bonds that can be redeemed or paid off by the issuer prior to the bonds' maturity date.
Callable Bonds and Redeemable Bonds
Callable Bonds and Redeemable Bonds are bonds that can be redeemed or paid off by the issuer prior to the bonds' maturity date.
Callable stocks are often referred to as redeemable stocks. The reason for this designation is that a callable stock can be recalled or redeemed by the issuer of the stock, assuming that certain conditions exist.
Zero-coupon, callable, putable, convertible Bond developed by Merrill Lynch & Co.
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Callable Pass-Throughs. Developed in the 1990s, a callable pass-through is created by splitting a pass-through into two classes: a callable class and a call class.
Callable
A securities feature of some bonds or convertible securities that allow the issuer to retire the issue prior to the original maturity date.
Callable bond
A bond which the issuer can decide to redeem before its stated maturity date. A call date and a call price are always given.
CALLABLE BOND - A bond that the issuer is permitted or required to redeem before the stated maturity at a specified price, usually at or above par, by giving notice of redemption in a manner specified in the bond contract.
Callable
A bond issue, all or parts of which may be redeemed by the issuing corporation under specified conditions before maturity. The term also applies to preferred shares that may be redeemed by the issuing corporation.
Callable Bond Debt securities redeemable by the issuer before maturity at a specified price on, before or after a specified date. Typically, bonds are called when interest rates fall so that new bonds can be floated at a lower rate.
Callable: Preferred shares or bonds that give the issuing corporation an option to repurchase, or "call" those securities at a stated price. These are also known as redeemable securities.
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Callable Bond A bond that the issuing company has the right to buy back at a pre-specified price.
Cap See Capitalization ...
Callable / Redeemable
A preferred stock is said to be callable, or redeemable, when the issuing company has a right to redeem the outstanding preferred shares. This is a common feature of preferred stock.
Callable Bond
A bond that is redeemable by the issuer prior to the maturity date at a specified price.
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Callable Preferred - Similar to callable bonds, this feature exists in many preferred shares to provide the issuer with the ability to redeem their preferred stock in the future at some point.
Callable Common Stock
Callable Preferred Stock
A type of preferred stock that carries the provision that the issuer has the right to call in the stock at a certain price and retire it. Also known as "redeemable preferred stock".
Callable Bonds
Bonds that give the issuer the right to redeem the bonds before their stated maturity.
Capital Gain ...
Callable - A securities feature that allows the issuer to retire the issue when desired. Should the issue be called, the issuer usually pays a premium.
Callable bond: A bond that can be redeemed by the issuer before it matures.
Callable Bond: A bond which the issuer may redeem prior to maturity by paying a stated call price.
Capacity Utilization: See release details.
Callable bond - A bond that can be officially repaid by the issuer prior to its maturity date (Out of courtesy, a premium is usually paid when the bond is repaid.) ...
Callable securities: Securities that may be bought back by the issuer before they are due, usually at a premium over the par value. Many bonds and preferred stocks are callable.
Callable bond
A callable bond can be redeemed by the issuer before it matures if that provision is included in the terms of the bond agreement, or deed of trust.
Callable bond A bond that is subject to redemption by its issuer before maturity.
Callable Bond: A callable bond contains an option that grants the issuer of the bond (an agency such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation) the right to mature the security early and return ...
Noncallable
A preferred stock or bond that cannot be redeemed whenever desired by the issuer.
Noncash charge
A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow.
Callable bonds are bonds that will not necessarily meet the maturity date.
Callable bond
A bond that provides the borrower with an option to redeem the issue before the original maturity date.
Callable
Applies mainly to convertible securities. Redeemable by the issuer before the scheduled maturity under specific conditions and at a stated price, which usually begins at a premium to par and declines annually.
A callable CD is similar to a traditional CD, except that the bank reserves the right to "call" the investment. After the initial non-callable period, the bank can buy (call) back the CD. Callable CDs pay a premium interest rate.
Non-callable refers to a security that cannot be redeemed prior to a set maturity date. Non-callable securities tend to offer a higher yield than callable securities.
Nonconvertible Currency
see blocked currency ...
What are Callable Bonds? Bonds typically come with a face value, a coupon rate, and a maturity date.
A "European callable", one with a European-style contract, can only be called on a certain date.
A "Bermudan callable" can be called until a certain date.
A "US" or "American callable" can only be called after a certain date.
non-callable Having the characteristic of being unable to be redeemed prior to maturity.... non-callable bond A bond that cannot be redeemed before it matures. Also known as bulletbond.
Non-callable A security, such as a note or bond, that cannot be called prior to its maturity. Non-equity Option An option that has an underlying security other than stock, e.g. futures, commodities.
STRIDES are also callable after a specific date (usually one year after they are issued). If this happens, the investor instead receives a cash payment equal to a specified annual yield to call(say, +20%).
A feature of some callable bonds that establishes an initial period when the bonds may not be called.
Call provision
An embedded option granting a bond issuer the right to buy back all or part of the issue prior to maturity.
(B) The refunding of an outstanding issue of securities by the issuance an delivery of a new issue of securities prior to the date on which the prior issue of securities become due or callable.
Example: An ordinary, 30-year, noncallable Treasury bond with a semiannual coupon. Application: A Bullet Bond is a commonplace way of raising capital.
call option: The right given a buyer to buy stock at a specified price within a certain time period callable bond: A bond that can be officially repaid by the issuer prior to its maturity date (Out of courtesy, ...
If the bond is callable, it means that the entity that issued the bond has the right to call the bond back in at any time they choose. This means they can buy the bond back before it matures.
- Yield to call: when a bond is callable, the yield to call becomes an important calculation. The yield to call is calculated the same way as the yield to maturity, only that the life of the bond to the call date.
Almost all convertible bonds are callable, meaning the corporation can redeem the bonds at its discretion. You get the face value back, but may have to reinvest the money in a less attractive investment.
Yield to call: when a bond is callable (can be repurchased by the issuer before the maturity), the market looks also to the Yield to call, which is the same calculation of the YTM, but assumes that the bond will be called, ...
A bond with a high coupon rate close to it's callable date. A fall in interest rates would be likely to cause an early redemption of the bond where the buyer can expect a premium.
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YTM is also needs to be adjusted for callable bonds.
Categories:
Valuation ...
Other variations on corporate bonds include convertible bonds, which the holder can convert into stock, and callable bonds, which allow the company to redeem an issue prior to maturity.
Issuers ...
Optionlike Securities - Callable Bonds, Convertible Securities, and Warrants
Put-Call Parity
Theoretical Pricing Models: Binomial Option Pricing And The Black-Scholes Formula
The Greeks: Delta, Gamma, Theta, Vega, and Rho ...
Generally bonds are callable over several years and normally are called at a slight premium. The calculation of yield to call is based on the coupon rate, length of time to the call and the market price.
Treasury Notes: Same as Treasury Bonds except that Treasury Notes are medium-term and not callable.
Trend: The general direction, either upward or downward, in which prices have been moving.
When interest rates fall, some bonds are callable which means the issuer may want to replace older high interest bonds with newer low interest rate bonds. In this case, the bondholder is paid a premium over the "par" or issue rate.
pricing: Individual bonds do not trade like stocks so it can be difficult to find a specific issue's current market value. Besides inflation risk, bond pricing depends on time to maturity, interest-rate outlooks and whether the bond is "callable" by ...
Though, it is better than not being paid back at all, but the investor has to bear the brunt on account of opportunity cost. However, investor sometimes prefers callable bonds when they anticipate the interest rates to rise before the maturity.
 See also: Investment, Market, Bonds, Issue, Interest
  
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