A callable bond which has a high coupon rate and whose callable date is in the near future. A decrease in interest rates will usually trigger an early redemption, which means that the buyer of such a bond should expect a redemption premium.
Related information about pickup bond:
- What is pickup bond? definition and meaning
Definition of pickup bond: A callable bond which has a high coupon rate and whose callable date is in the near future. A decrease in interest rates will usually ...
- Pickup Bond - Financial Dictionary - The Free Dictionary
A bond with a relatively high coupon that is close to the date at which it is callable , meaning that a fall in interest rates will most likely cause early redemption of ...
- Pick-Up Bond - Financial Dictionary - The Free Dictionary
That is, the pickup bond is about to end the grace period during which it cannot be called. If prevailing interest rates fall during the remaining grace period, the ...
- Pickup forceps - The Free Dictionary
Pickup bond · Pickup Bonds. Pickup forceps. Pickup Game · Pickup group · pickup impression · pickup impression · pickup impression · pickup impression ...
- pickup bond - Invest Definition
pickup bond definition: A bond with a relatively high coupon and a short period remaining until it is likely to be called by the issuer. If interest rates fall and the ...
- pickup - Invest Definition
physical commodity · physical life · physical option · physical verification · pickup bond · picture · piece · piggyback registration · piggybacking · piggyback ...
- Environmental Bond : ISU Jallad Insurance
... Lead Abatement Bond; Wastewater Treatment Plant Operations/Maintenance Bond; Medical Waste Pickup Bond; Wetlands Contracting Bond; Reclamation ...
- pickup: Definition, Synonyms from Answers.com
... it results in a net gain for the trader, called his or her pickup on the transaction. Previous: Physical Verification, Physical Inventory. Next: Pickup Bond, Picture ...