The ________ prevents the issuer from redeeming the bond.

Name: The ________ prevents the issuer from redeeming the bond.
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Call protection period is a provision in a bond agreement that prevents the issuer from redeeming the bond or calling it in before a certain date or time period. This gives bondholders the assurance that they will receive their interest payments and principal on the bond until the call protection period expires.

The ________ Prevents the Issuer from Redeeming the Bond