The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments


Subject:  Re: If you don't accept a tender offer.. Date:  8/27/2012  2:17 PM
Author:  pauleckler Number:  34346 of 36613

When the market price for a bond is far below face value (and usually the call price) issuer will sometimes find it more economical to tender for the bond rather than call it.

But the call is forced; the tender is voluntary. So yes you can keep the bond. But obviously they would rather you tendered it.
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us