What are Puttable Bonds? And How Puttable Bonds Work?
Straight bonds are usually held till the maturity date for repayments of the principal amount. Depending on several factors, the investor may withdraw the money with bonds. A Puttable or Put bond has the additional characteristic of having a put option with the bond. The Put option gives the investor the right to demand the …
What are Puttable Bonds? And How Puttable Bonds Work? Read More »