noncallable bond Synonyms
No Synonyms and anytonyms found
noncallable bond Meaning
Wordnet
noncallable bond (n)
a bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)
FAQs About the word noncallable bond
a bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)
No synonyms found.
No antonyms found.
A noncallable bond is a debt instrument that cannot be redeemed before its maturity date by the issuer.
Noncallable bonds offer investors a higher degree of security and stability compared to callable bonds.
The noncallable feature restricts the issuer's ability to refinance the debt at lower interest rates.
Noncallable bonds are typically issued with longer maturities to compensate for the lack of call protection.