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Call Provision
A provision in a bond or similar fixed-income instrument that permits the issuer to pay off the principal ahead of its maturity date.
Issuer
An entity that develops, registers, and sells securities for the purpose of financing its operations.
Coupon Rates
The interest rate stated on a bond when it's issued, which determines the interest payments the bond issuer will make to the bondholder.
Interest Rates
The cost of borrowing money, typically expressed as a percentage of the principal, paid by the borrower to the lender.
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