CALLABLE BONDS

Owning a bond does not always entitle you to sit back and collect interest. If your bond is callable, it may not live to see maturity. That is why it is important to understand callability in all forms. In this tutorial, you will learn the how and why of call features.

What Is Callability? What Are Characteristics of Callable Bonds? Why Do Companies Issue Callable Bonds? What Benefits Do Investors Receive When Their Bonds Are Called? Bond Buyer Beware

Let's begin by defining callability.