Call Date

DEFINITION of 'Call Date'

The date on which a bond can be redeemed before maturity. If the issuer feels there is a benefit to refinancing the issue, the bond may be redeemed on the call date at par or at a small premium to par.

BREAKING DOWN 'Call Date'

The call date is important to be aware of when buying a bond. You are only guaranteed interest payments up to this date.

RELATED TERMS
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