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- UID
- 222325
- 帖子
- 366
- 主题
- 5
- 注册时间
- 2011-7-2
- 最后登录
- 2015-1-15
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the issuer provide extra benefit for the callable feature so that the bond can be sold. Because of callable bond is scarce, this kind of extra benefit is scarce. The premium is for the extra benefit to achieve a premium. But as DFWAnalyst said, it may not change the fundermental characteristics of the callable bond(discount, callable).
the premium is based on the price which is already at discount. |
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发表于 2011-7-13 17:02
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