Uncommon type of bond which allows the bondholder to redeem the bond at a specified price prior to maturity. Investors might choose to do this if interest rates increase after the bond was issued. The bond will restrict the dates when this can be done.
Related information about put bond:
- Put Bond Definition | Investopedia
 A bond that allows the holder to force the issuer to repurchase the security at   specified dates before maturity. The repurchase price is set at the time of issue,   and ...
 
- Puttable bond - Wikipedia, the free encyclopedia
 Puttable bond (put bond, putable or retractable bond) is a bond with an   embedded put option. The holder of the puttable bond has the right, but not the   obligation ...
 
- Put Bond - Financial Dictionary - The Free Dictionary
 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 ...
 
- What is put bond? definition and meaning - InvestorWords.com
 Definition of put bond: Uncommon type of bond which allows the bondholder to   redeem the bond at a specified price prior to maturity. Investors might choose to ...
 
- Put Bond: Definition from Answers.com
 Put Bond Municipal Bond or other bond that has a sell-back provision, or   Redemption privilege, allowing holders to sell their holdings back to the issuer.
 
- Put Bond Definition & Example | InvestingAnswers
 We explain the definition of Put Bond, provide a clear example of how it works   and explain why it's an important concept in business, finance & investing.
 
- What is put bond? definition and meaning - BusinessDictionary.com
 Definition of put bond: Bond that gives its holder the right to demand payment of   the principal before the bond's maturity date, on one or more dates specified in ...
 
- MiraCosta trustees vote to put bond on ballot | UTSanDiego.com
 Aug 9, 2012 ... MiraCosta College trustees voted this week to place a $497 million facilities bond   on the November ballot.