No. of Recommendations: 0
Hi Bill,

There is no call date, it is continuously callable. This is what I see on Finra & on Fidelity. There is no call price specified so I assume it is at par; some bonds have a call price specified but many I see don't. It seems quite common, but I don't understand why such a bond would trade at a 19% premium when it can be called any day. Why would anyone take that risk?
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.