Discover how negative convexity affects bond prices, key risks, and how to calculate it. Learn why mortgage and callable ...

A municipal bond’s embedded call option allows the issuer of the bond to “call” (i.e., pay back) the debt at a date prior to the bond’s final maturity, which allows the issuer to reduce the cost of ...

Callable bonds are a type of bond that the issuer can “call” or redeem before the maturity date. The specifics vary from bond ...

When companies and governments issue bonds, they do so with a specific maturity date attached to the bond. For example, a five-year corporate bond will pay interest for five years before it’s ...