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Call Date

Call Date Definition

Call Date is the earliest possible date on which the issuer of the bond may redeem the bond. It refers only to a callable bond. The call date is different from the maturity date, as it occurs at a point prior to the declared date of maturity that is specified in the terms and conditions of the bond issue. If the issuer believes there is a benefit to refinancing the issue, the bond can be paid off on the call date at par or at a small premium to par.
RELATED TERMS
Maturity date
RELATED CATEGORIES
Bonds



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