Not able to be redeemed prior to maturity. A non-callable security is usually more expensive than a callable security, due to the added risk the holder of a callable security is subject to.
Related information about non-callable:
- Noncallable Definition | Investopedia
A financial security that cannot be redeemed early by the issuer. The issuer of a noncallable bond subjects itself to interest rate risk because, at issuance, it locks ...
- What is non-callable? definition and meaning - InvestorWords.com
Definition of non-callable: Not able to be redeemed prior to maturity. A non- callable security is usually more expensive than a callable security, due to the added ...
- Callable bond - Wikipedia, the free encyclopedia
With a callable bond, investors have the benefit of a higher coupon than they would have had with a straight, non-callable bond. On the other hand, if interest ...
- What is non-callable? - BusinessDictionary.com
Definition of non-callable: Bond or preferred stock (preference share) that can be redeemed by its issuer before its maturity date (or a date specified in the bond ...
- non-callable bond - Invest Definition
non-callable bond definition: A bond that can't be called, or repaid, by the issuer before its maturity. The U.S. Treasury is the most common issuer of non-callable ...
- Callable Bond
In the secondary market, callable bonds don't exhibit the same price sensitivities as non-callable bonds. If interest rates drop, a non-callable bond's market price ...
- Why Buy Premium NoN-callaBle BoNds? - Washington Trust Bank
Why Buy Premium NoN-callaBle BoNds? Brian Brill, CFA. Vice President and Portfolio Manager. Overview: It is a common belief by today's investors that they ...
- Non-Callable Bond - Financial Dictionary - The Free Dictionary
A bond whose holder is not permitted to exchange it with the issuer in return for its face value. Non-callable bonds may be either traded or held to maturity.