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call date

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Financial Dictionary

Call Date

The date on which a bond can be redeemed before maturity. If the issuer feels there is a benefit to refinancing the issue, the bond may be redeemed on the call date at par or at a small premium to par.

Investopedia Commentary

The call date is important to be aware of when buying a bond. You are only guaranteed interest payments up to this date.

Related Links

Bond Basics Tutorial

See also: Callable Bond, Refinance, Yield to Call

Also spelled: callable date

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Financial Dictionary

call date

The date on which a security can be repurchased by the issuer at a predetermined price. The call date is established by the issuer at the time a security is issued.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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