What does extendible bond mean?
Definitions for extendible bond
ex·tendible bond
This dictionary definitions page includes all the possible meanings, example usage and translations of the word extendible bond.
Wikipedia
Extendible bond
Extendible bond (or extendable bond) is a complex bond with the embedded option for a holder to extend its maturity date by a number of years. Such a bond may be considered as a portfolio of a straight, shorter-term bond and a call option to buy a longer-term bond. This relatively rare type of bond works to the advantage of investors during periods of declining interest rates. Pricing of the extendible bond will be similar to that of a puttable bond. Sometimes, the bond may be structured so as to give an option to extend to the issuer. In this case, pricing will be similar to that of a callable bond.
Numerology
Chaldean Numerology
The numerical value of extendible bond in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of extendible bond in Pythagorean Numerology is: 9
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"extendible bond." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/extendible+bond>.
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