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.
Financial position of the business is ascertained on the basis of?
Which of the following is not a product being offered under the umbrella brand of GIFT Nifty?
Which of the following factors is likely to lead to cost-push inflation?
What is the minimum margin requirement for banks on equity shares / convertible debentures held in dematerialized form?
Which of the following can be sources of organisational control?
When can interest realized on NPAs be taken to the income account?
Which of the following is true about Classical Management Theory?
Which credit rating agency, specifically catering to micro, small, and medium enterprises (MSME) in India, offers comprehensive services?
When was the International Financial Services Centres Authority established?
As per which convention, trivial transactions can be ignored?