Asked by ZnonEmpire candy on Jun 07, 2024
Verified
Provide an appropriate definition of Canada plus call.
Canada Plus Call
Call provision that compensates bond investors for interest differential, making it unattractive for an issuer to call a bond.
- Gain an understanding of the fundamentals behind bond call provisions and their consequences for bondholders as well as issuers.
Verified Answer
VH
Vanessa HowardJun 09, 2024
Final Answer :
Call provision that compensates bond investors for interest differential, making it unattractive for an issuer to call a bond.
Learning Objectives
- Gain an understanding of the fundamentals behind bond call provisions and their consequences for bondholders as well as issuers.