Explore the intricacies of prepayment risk in fixed-income securities, including its impact on investors and how it varies across different financial instruments.
Explore the definition, workings, and strategic implications of callable bonds for issuers and investors. Learn how callable bonds play a key role in corporate finance and investment strategy.
Unlock the mysteries of hard call protection and learn how it benefits investors in callable bonds, ensuring a guaranteed return during the protection period.
Unpack the concept of Yield to Call (YTC) to better anticipate returns on callable bonds. Learn calculation methods, examples, and strategic implications for investors.