Allows issuers to redeem it at a specific future date as per the conditions specified at the time the bond was issued. This affects the interest rate; it however depends on the type of multi-callable bond, as in the case of accrual notes where the interest rates do not change.
Related information about multi-callable bond:
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A bond that allows the issuer to call or redeem it on particular future dates that are specified at the time of issuance. Since the issuer benefits by gaining flexibility ...
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Definition of multi-callable bond: Allows issuers to redeem it at a specific future date as per the conditions specified at the time the bond was issued. This affects ...
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Multi-Callable Bond A bond that allows the issuer to call or redeem it on particular future dates that are specified at the time of issuance.
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Nov 9, 2011... early exercise features are of fundamental importance in finance. A simple example is the hedge of a multi-callable bond. This instrument.
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