Bond investors are used to studying features like yield, maturity and credit quality. But many municipal and corporate bonds throw a curve: a “call” feature that ends the income flow, adding a layer ...
Discover how negative convexity affects bond prices, key risks, and how to calculate it. Learn why mortgage and callable ...
When companies and governments issue bonds, they do so with a specific maturity date attached to the bond. For example, a five-year corporate bond will pay interest for five years before it’s ...
Callable bonds are a type of bond that the issuer can “call” or redeem before the maturity date. The specifics vary from bond to bond, but callable bonds always have one thing in common — the issuer ...
The advance refunding of tax-exempt bonds with taxable bonds is the dominant activity in the municipal markets. This is the major driver of the increase in taxable volume. According to a recent report ...
Managing callable bonds is a challenge for issuers. There is much wringing of hands as to when to refund. Damned if you do and then rates decline, and damned if you don’t and rates rise. But don’t ...
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 ...
In recent weeks, Bank of Nova Scotia reported year‑on‑year growth in second‑quarter net interest income to C$5,521 million ...
A bond ladder is a fixed-income strategy that involves owning a series of individual bonds or CDs that mature at various ...
City Service SE (the "Company"), registered in Estonia (reg. no. 12827710), is contemplating an issuance of senior secured callable bonds (the "Bonds") in an initial nominal amount of EUR 100,000,000 ...