# Option of extraordinary termination

- Canonical URL: https://www.gerhardmerk.de/option-of-extraordinary-termination
- Post ID: 591992
- Modified: 2023-07-25T21:12:16+00:00
- Language: en

## Definition

Unless otherwise defined, in the case of a bond, this refers to prearranged agreements that grant the issuer or purchaser of the security an extraordinary right of termination. - See conversion bond, conversion, yield-to-call. - Cf. Deutsche Bundesbank Monthly Report July 2008, p. 37 (bonds issued by German federal states with call option). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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