Extraordinary Redemption
网友投稿• 2022-01-05 16:00:34 •阅读75
A provision which gives a bond issuer the right to call the bonds due to a one-time occurrence, as specified in the offering statement. The circumstances could range from natural disasters and cancelled projects to almost anything else. Also known as an "extraordinary call" or "extraordinary redemption provision". |||Some municipal bonds are issued with an extraordinary redemption provision.
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