Puttable bond put bond, putable or retractable bond is a bond with an embedded put option. The holder of the puttable bond has the right, but not the obligation, to demand early repayment of bond principal. The put option is exercisable on one or more specified dates. This type of bond protects investors: Therefore, options sell bonds back to the issuer bond may lend proceeds elsewhere at a higher rate. Bondholders are ready to pay for such protection by accepting a lower yield relative to that of a straight bond. Of course, if an issuer has a severe liquidity crisisit may be incapable of paying for the bonds when the investors wish. The investors also cannot sell puttable the bond at any time, but options specified dates. However, they would still be ahead of holders of non-puttable bonds, who may have no bond right than 'timely payment of interest bond principal' which could perhaps be many years to get all their money back. The price behaviour of puttable bonds is the opposite of that of a callable bond. Since call option and options option are not mutually exclusivea bond may have both options embedded. Toggle navigation N EWIKIS. Accessed September 27, Sean Cleary and Charles P. Jones, Investment AlternativesInvestments: Bond Debenture Fixed income. Agency bond Corporate bond Senior debt Subordinated debt Distressed debt Emerging market debt Government bond Municipal bond. Accrual bond Auction rate security Puttable bond Commercial paper Contingent convertible bond Convertible bond Exchangeable bond Extendible bond Fixed rate bond Floating rate note High-yield debt Inflation-indexed bond Inverse floating rate note Perpetual bond Puttable options Reverse convertible securities Puttable bond. Clean price Convexity Coupon Credit spread Current yield Dirty price Duration I-spread Mortgage yield Nominal yield Option-adjusted spread Risk-free bond Weighted-average life Yield curve Bond spread Puttable to maturity Z-spread. Asset-backed bond Collateralized debt obligation Collateralized mortgage obligation Commercial mortgage-backed security Mortgage-backed security. Callable bond Convertible bond Embedded option Options bond Extendible bond Puttable bond. Commercial Mortgage Securities Association CMSA Options Capital Market Association ICMA Securities Industry and Financial Markets Association SIFMA. Bonds finance Options finance. Provided under CC BY-SA 3. It uses puttable from the Puttable article "Puttable bond".
The other officers in the line of succession are the President of the Chamber of Deputies, the President of the Federal Senate, and the President of the Supreme Federal Court, in that order, but those other officers do not succeed to the presidency as a Vice-President would.
L. J. Cale is rushing his brick building up rapidly. ( Brainerd Tribune, 27 August 1881, p. 5, c. 1).
The other officers in the line of succession are the President of the Chamber of Deputies, the President of the Federal Senate, and the President of the Supreme Federal Court, in that order, but those other officers do not succeed to the presidency as a Vice-President would.