make whole call

make-whole-call

What is make whole call?

make whole call meaning in finance or bond terminology / glossary / dictionary is:
The obligation of an issuer of a corporate bond to pay a premium to an investor if the issuer pays off its bond before the final maturity. The premium is based on a formula that compensates the investor for future coupon payments that it wil not receive because the bonds have been called.

 

reference: Investinginbonds.com

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