Call date - Definition

The date on which a Callable bond can be redeemed before it has reached Maturity. The call date is important to be aware of when buying a bond. You are only guaranteed interest payments up to this date. For example, a bond that is scheduled to mature in 20 years could have a call date in ten, at which point the issuer could refinance it if it is advantageous. Since the purchaser is only guaranteed to receive on the bond up to that date, it is important to be aware of the call date when purchasing a callable bond.

Terms near "Call date"

Call money market

Call money rate

Call option

Call protection

Call provision

Call ratio backspread

Call risk

Call swaption

Callable bond

Callable loan