Putable bonds are sometimes referred to as:

Question

Quizplus · Accepted Answer

Putable bonds are bonds that give the bondholder the option to sell them back to the issuer at a predetermined price and time before the bond matures. Retractable bonds are a similar concept but give the issuer the option to buy back the bonds before maturity. Therefore, A) retractable bonds is the best choice as it is the closest in meaning to putable bonds. B) callable bonds and C) convertible bonds have different features and are not equivalent to putable bonds. D) none of the above is incorrect as A) retractable bonds is a valid option.

Putable Bonds Are Sometimes Referred to As