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URL:  http://boards.fool.com/i-see-many-callable-bonds-are-selling-well-above-30584592.aspx

Subject:  Re: Question on callable bonds Date:  3/11/2013  2:56 PM
Author:  Wradical Number:  34821 of 35400

I see many callable bonds are selling well above par. For example, EMN.GG selling at $119; call frequency continuous.
http://cxa.gtm.idmanagedsolutions.com/finra/BondCenter/BondD......
If I buy this bond today and it is called tomorrow, do I only get back 100?

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Maybe, or it may be callable at a premium. The call price is contractually set in the terms of the bond. This is spelled out in the "details" tab, if you look into buying it online.

And if a bond is callable, that's where the "YTC" (yield to call date) and "YTW" (yield to worst) become pertinent.

Bill
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