Known as a putable bond. A bond whose holder has the right to demand a payment of the principal of the bond prior to the date of maturity. One or more than one date can be specified for this to occur on.
PUT BOND
Known as a putable bond. A bond whose holder has the right to demand a payment of the principal of the bond prior to the date of maturity. One or more than one date can be specified for this to occur on.