Bonds that give the issuer an option of retiring them before they mature are known as:
A) Convertible bonds.
B) Callable bonds.
C) Serial bonds.
D) Registered bonds.
E) Debentures.

Name: Bonds that give the issuer an option of retiring them before they mature are known as: A) Convertible bonds. B) Callable bonds. C) Serial bonds. D) Registered bonds. E) Debentures.
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Question

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Callable bonds give the issuer the option to retire them before they mature.

Bonds That Give the Issuer an Option of Retiring Them