In the case of an issue, the clause that the paper may not be called for redemption (repayment) by the issuer within a certain period (a clause in a paper and especially in a callable bond that guarantees an initial period when the paper may not be called). – See bond, callable, bond, call-limited, novation, straight bond.
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/