Mandatory Calls
| ||
The issuer has a mandated savings account (the sinking fund) and is required to make deposits into that account. Every so often—as detailed in the bond’s indenture—some of the issue is to be retired. This will be an “in part call” and until it happens nobody knows which investors will lose their bonds early. |
||
Additional Comments:
These are sometimes called sinking fund calls.
|
Related Terms: | ||
Extraordinary Calls There are extraordinary mandatory and extraordinary optional calls. This means that some sort of extraordinary ... No Load Fund Mutual Fund offered by an open end investment company that imposes no sales charge (load) on ... Fund Manager The person responsible for the allocation of pooled money invested in a particular mutual fund. He/she is ... |
« View the Stock Market Dictionary »
Latest Financial Advice
- Understanding Penalty-Free Early Retirement Distributions
- Simple IRA vs 401(k) Plan Comparison
- Understanding IRA & 401k SEPP Guidelines
- Understanding SEPP: A Guide to Substantially Equal Periodic Payments
- How to Start a SEP IRA Plan: A Step-by-Step Guide
- Maximize Savings: Explore Tax Benefits of SEP IRA
- Understanding Roth IRA Phase-Out Ranges
Free Investment Advice
Get free stock market tips and investing advice by subscribing to our newsletter: |
* Your information will not be shared or sold. |
Recommended Reading
Categories
- Trading Basics
- Investing 101
- Investing Essentials
- Understanding the Risks
- Beginning to Trade
- Trading Strategies
- Trading Psychology
- Retirement Investing
- Personal Finance
- Advanced Trading
- Penny Stocks
- FOREX Trading
- Commodity Futures
- Stock Tips
- Going Public
- Real Estate
- Research Tools
- Stock Spam
- Reviews
- Stock Market Dictionary