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Callable Debt

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Sam Site Admin Joined: 21 May 2005 Posts: 281 Location: CALIFORNIA 117.49 Dollars($)	Posted: Thu May 27, 2004 9:51 pm    Post subject: Callable Debt Callable debt is a debt security where the issuer has the right to recover the ownership of the security at: A clearly and explicitly stated price. On or after a clearly stated date. But earlier to its declared final maturity. For example, Smith has a debt security of $2,000,000 as its redeemable price and 6-12-04 as its specified date and its final maturity has not yet reached then in this case, Smith has the right to recover its ownership according to above terms and conditions. Related Article Common forms of option - Call and Put

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