A call price is the predetermined cost at which an issuer can redeem a bond or preferred stock. Learn how it works, why it ...
For well over a decade, the institutional municipal market has been dominated by high 5% bonds callable at 100 in year 10. The premium market price corresponding to the artificially high coupon ...
Discover what it means for a bond to trade above par. Learn why these bonds, priced higher than their face value, attract investors when interest rates decline.
Bank of America is offering a new 6% coupon, callable bond maturing in 2045, presenting a strong fixed income opportunity. The bank's financials are solid, with rising net interest income, robust loan ...