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Step-Up Callable Note

A callable note (and a type of callable instruments) whose coupon rate is increased (i.e., “stepped up”) at specific points...

Redeemable Bond

A bond that contains a provision giving the issuer the right to buy back (call/ redeem) the bond at a predetermined...

Callable Bond

A bond that contains a provision giving the issuer the right to buy back (call) the bond at a predetermined price (call...