"Put bond" Definition
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 Glossary   >   P   >   "Put bond" Definition   

        Put bond

A bond that the holder may choose either to exchange for par value at some date or to extend for a given number of years. If the price is above par, the put is a premium put.

Put bond


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Put bond - A bond that the holder may choose either to exchange for par value at some date or to extend for a given number of years. If the price is above par, the put is a premium put.


Put bond : a bond that the holder may choose either to exchange for par value at some date or to extend for a given number of years. if the price is above par, the put is a premium put.