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Sinking fund provision?

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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