But suppose the bond is callable and interest rates drop to 3%. Just as you might want to refinance your 6% mortgage if interest rates dropped to 3%, Company XYZ will want to refinance its debt to ...

The most common kind of bond used in the debt for bond swap is a callable bond because a bond must be called before swapping with another debt instrument. The bond's prospectus will detail the ...

For bond issuers, callable bonds provide the opportunity to refinance their debt if market conditions change. This is a distinct advantage for entities that issue long-term bonds that may not ...

Callable CDs give banks and brokerage firms ... Treasuries, or nearly risk-free government debt securities, still pay 4% to 5% interest for now depending on the time to maturity.

The point of a tender is to take advantage of favorable market conditions to realize savings that might not otherwise be attainable through targeting only currently callable debt. This is not an ...