Callable bonds are a type of bond that the issuer can “call” or redeem before the maturity date. The specifics vary from bond to bond, but callable bonds always have one thing in common — the issuer ...

Discover the call premium, the added value to the par amount for early redemption of callable securities, and explore the different types and their impacts.

Discover essential bond terminology so you can become a savvy bond investor, unveil market dynamics, and successfully diversify your portfolio.

For well over a decade, the institutional municipal market has been dominated by high 5% bonds callable at 100 in year 10. The premium market price corresponding to the artificially high coupon ...