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Finance & Banking vocabulary · Corporate Finance

Puttable bond

Meaning in finance & banking, with examples

nounCommon term

In finance & banking, puttable bond means: A bond allowing the holder to require early repayment on specified dates and terms.

In Turkish: erken itfa hakkı yatırımcıya ait tahvil

How it is used

Also spelled putable bond; the repayment option belongs to the investor rather than the issuer.

Example sentences

  1. The fund exercised its right to return the puttable bond at the agreed price.

    The holder chooses to request early redemption.

  2. The puttable bond required notice before the investor could exercise the option.

    The holder's option operates within contractual procedures.

Common collocations

  • puttable bond option
  • puttable bond notice period
  • bondA debt security that a government or company sells to investors to borrow money. It pays regular interest, called a coupon, and returns the full amount at maturity.
  • repaymentThe act of paying back money you have borrowed, or one of the regular amounts you pay to do this.

More terms: Corporate Finance

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This page explains English vocabulary for learners. It is not financial advice.