Series 50: Early Redemption Of Municipal Bonds

Taken from our Series 50 Online Guide

Early Redemption of Municipal Bonds

Redeemable bonds are bonds that may be retired prior to the bond’s maturity date, either by the issuer or the investor. Bonds are redeemed at a price specified in the bond (usually its face value) together with accrued interest. Their redemption may be optional or mandatory.

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