Below you will find pages that utilize the taxonomy term “bonds”
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Make-Whole Call Provision
A make-whole call provision is a clause in a bond indenture that allows the issuer to redeem the bond before maturity by paying the investor a price calculated to compensate for all future cash flows the investor would have received. The result is that early redemption costs the issuer significantly more than par — which is exactly the point.
What It Is Standard callable bonds give issuers the right to redeem at predetermined call prices on predetermined dates.