redeem a bond
Frequency: 5.85.0 per million words
The formal term for cashing in a bond, especially by the issuer at maturity.
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Examples (10)
- The government will redeem these bonds at their face value upon maturity.
- The corporation announced its plan to redeem all outstanding bonds early.
- Investors are waiting for the opportunity to redeem their matured bonds.
- If interest rates fall, the company might redeem its high-coupon bonds.
- When can an investor expect to redeem a 10-year Treasury bond?
- The issuer is contractually obligated to redeem the bond on its specified maturity date.
- Redeeming a bond before it matures is not always possible and may incur a penalty.
- By next year, the city will have redeemed over $10 million in municipal bonds.
- The trust was set up with funds from a recently redeemed government bond.
- You can redeem the bond through your online brokerage account once it reaches maturity.