Bond issue that contains an option to extend its maturity period. Depending upon the terms of the bond indenture, the bond issuer, the bond holder, or both may have one or more options to delay the repayment of the bond's principal while the bond interest is continued to be paid. In addition, either party may have the right to exchange it for a bond of longer maturity at the same or higher interest rate. Extendable bonds usually sell at a higher price than the non-extendable bonds. Written also as extendible bond. opposite of retractable bond. also called extendable note, extendible note.
Related information about extendable bond:
- Extendable Bond Definition | Investopedia
Depending on the specific terms of the extendable bond, the bond holder and/or bond issuer may have one or more opportunities to defer the repayment of the ...
- Extendible bond - Wikipedia, the free encyclopedia
Extendible bond (or extendable bond) is a complex bond with the embedded option for a holder to extend its maturity date by a number of years. Such a bond ...
- Extendable Bond - Financial Dictionary - The Free Dictionary
Bond whose maturity can be extended at the option of the holder (investor). Extendable Note. A bond in which the date of maturity may be extended. Whether the ...
- What is extendable bond? definition and meaning
Definition of extendable bond: Bond issue that contains an option to extend its maturity period. Depending upon the terms of the bond indenture, the bond issuer, ...
- extendable bond - Invest Definition
extendable bond definition: A long-term debt security that permits the owner to extend the maturity such that interest payments continue and the principal ...
- Extendable Bond - Financial Glossary
A bond, which gives the holder the right to extend its maturity. The holder is able to benefit from any fall in interest rates, which would raise bond prices, without ...
- Extendable Bond - Definition of Extendable Bond - QFINANCE
Definition of extendable bond from QFinance - The Ultimate Financial Resource. What is extendable bond? Definitions and meanings of extendable bond.
- English-Chinese translation for "extendable bond"
Translation for 'extendable bond' in the free Chinese dictionary. More Chinese translations for: bond.