Call Date

The date on which a bond can be redeemed before maturity. If the issuer feels there is a benefit to refinancing the issue, the bond may be redeemed on the call date at par or at a small premium to par.


The call date is important to be aware of when buying a bond. You are only guaranteed interest payments up to this date.



Bond Basics Tutorial - What are bonds and do they belong in your portfolio? Get all the answers in this comprehensive tutorial.
Related Terms

Callable Bond

Refinance

Yield to Call

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