Callable
Definition
An issue the issuer may redeem on or after its call date. A non-callable issue has no call date. Most preferreds are both callable and perpetual; the two terms are independent.
On a live record
C-N (Citigroup Capital XIII) is past its first call date, so the issuer may redeem it at par on any payment date it chooses. Open the C-N record.
Written from the public record at the last refresh. Prices are 15 minutes delayed.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.