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- UID
- 217788
- 帖子
- 250
- 主题
- 197
- 注册时间
- 2011-5-24
- 最后登录
- 2012-9-12
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I'm going through fix income and schweser notes says, if market rates is currently below the coupon rate, the bonds will be trading at a premium to par value. Thus, a sinking fund call at par would not benefit a bondholder.
can anyone explaine this? not quite sure what a Sinking fund provision really is..I thought it's related to bond issuer, how does it link to bondholders? Thx! |
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发表于 2011-7-11 17:40
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