Callablebond(可赎回债券):Givestheissuertherighttoredeemallorpartofthebondbeforethespecifiedmaturitydate...
Callable and Puttable Bond Valuation and Embedded Call and Put Option on Bond Cash Flow[Oceňování svolatelnch dluhopis a dluhopis s vnoenmi call a put o... The article describes the valuation of callable and puttable bonds without the need for treatment based on modeling of interest rat...
The put/call provision is modeled as a constraint on the value of the bond in the finite difference scheme. This paper can provide new insight for future research on defaultable bond pricing models.David WangHeng-Chih ChouUniversity Library of Munich, GermanyFinance...
To compensate the bondholders for the risk, a callable bond usually pays a higher interest rate than a noncallable bond, which means that the price of a callable bond is usually lower. The value of a callable bond is the value of a straight (neither callable nor puttable) bond minus the...
Internal Revenue Service regarding the tax treatment of a payment received by an issuer of a callable/puttable bond. Treatment of the remarketing payment by bond issuers; Background on the bonds; Observations on remarketing date treated as maturity date; Other hedging issues; Conclusion.Sair...