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Foreign Bond
A bond issued in a domestic market by a foreign entity, in the domestic market’s currency, to raise capital from investors in that country.
Canadian Dollars
The Canadian dollar is the currency of Canada, often represented by the symbol C$ or CAD, and it is used throughout the country for financial transactions.
Callable
A term describing a financial security (e.g., a bond) that can be redeemed by the issuer before its maturity date at a predetermined price.
Call Premium
The extra amount that must be paid by the issuer to call a bond before its maturity date, above its par value.
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