Question
A type of bond (debt security) that allows the issuer of
the bond to retain the right of redeeming the bond at some point before the bond reaches its date of maturity, is called as-Solution
A callable bond (Redeemable Bond) is a bond that can be redeemed by the issuer prior to its maturity. If interest rates have declined since the company first issued the bond, the company is likely to want to refinance this debt at a lower rate of interest. In this case, the company calls its current bonds and reissues them at a lower rate of interest. Buying a callable bond is like buying a simple bond and a call option of the same value.
Recently the Prime Minister Narendra Modi has launched the ‘India International Bullion Exchange (IIBX)’ at the Gift City of India, where it...
The 'La Liga' title is associated with which sport?
Who articulated the 'Drain Theory', stating that the economic troubles of India were due to the constant drain of wealth to Britain?
In which year was the 'Beti Bachao Beti Padhao' scheme launched?
A French architect, Le Corbusier designed which city?
Which festival is celebrated as the birthday of Lord Krishna in Mathura?
Who was the winner of Ranji Trophy title 2022?
Which ministry organized the Poshan Utsav event in February 2024?
Who was the first woman Chief Minister of Uttar Pradesh?
According to the Georgetown Institute 2023 Women, Peace and Security Index, what percentage of Indian women aged 15 years and above reported feeling saf...
