The call price of bonds is usually above face value.

Name: The call price of bonds is usually above face value.
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The call price of bonds is usually set above the face value in order to provide an incentive for bondholders to agree to a call. This means that if the issuer decides to call the bonds before their scheduled maturity date, they will have to pay a premium price to buy back the bonds, which can help protect investors from losing out on potential income if interest rates decline.

The Call Price of Bonds Is Usually Above Face Value