Callable bonds are a type of bond that the issuer can “call” or redeem before the maturity date. The specifics vary from bond to bond, but callable bonds always have one thing in common — the issuer ...

Bonds are debt securities that generate interest, but may be paid back early. Yield to worst calculates the minimum return if a bond is called before maturity. Callable bonds risk early repayment, ...

A bond ladder is a fixed-income strategy that involves owning a series of individual bonds or CDs that mature at various ...

Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll ...

Call protection is a bond feature that prevents the issuer from buying back the bond for a certain period. This guarantees that investors receive steady interest payments during this time, regardless ...

This article was written by Vikas Jain, Quantitative Researcher at Bloomberg. Traditional fixed income benchmarks may sometimes fall short of providing true bond-like characteristics. The continuous ...

New ETF delivers access to short-duration investment-grade municipal bonds near call dates, offering federally tax-exempt income with lower duration risk. Traditionally, investors seeking tax-free ...

For well over a decade, the institutional municipal market has been dominated by high 5% bonds callable at 100 in year 10. The premium market price corresponding to the artificially high coupon ...

Earlier in May 2026, Clorox completed several fixed-rate bond offerings totaling about US$1.50 billion, issuing callable senior unsecured notes maturing in 2031, 2033, and 2036, with Goldman Sachs and ...