Qwoter Investment Advice
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

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  »