What is a bond provision that specifies payments the issuer must make to redeem a given percentage of the outstanding issue prior to maturity known as?

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This provision is known as a sinking fund provision. It requires the issuer to make regular payments into a separate sinking fund for the purpose of redeeming a specified percentage of the outstanding issue prior to its stated maturity date. This reduces the issuer's risk and provides greater security for bondholders.

What Is a Bond Provision That Specifies Payments the Issuer