Callablebond(可赎回债券)：Givestheissuertherighttoredeemallorpartofthebondbeforethespecifiedmaturitydate...
从图上也可以看出,不管是callable还是putable,yeild增加,价格都是下降的;只是callable有maximum,putable有minimum Duration 就是价格曲线的切线,性质跟普通的bond一样 添加评论 0 0 Shuangshuang · 2021年05月08日 所以不管是callable还是puttable的duration都是positive的对吧,puttable 的convexity一直是positive的袁园_...
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; Bac... Sair,Edward,A. - 《Tax Adviser》 被引量: 2发表: 2002年 Analytical Pricing of 2 Factor Structural PDE model for ...
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...