Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 671)
671.
Which bond gives the issuer the right to buy back the bond issue prior to the maturity date?
Callable Bonds
Floatable Bond
Convertible bond
Zero Coupon Bond
Answer: Option
Explanation:
A call provision gives the issuer the right to buy back the bond issue prior to the maturity date.
Discussion:
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