Putable bonds are a basic type of bonds that can be sold back by the owner to the issuer before the maturity date at a fixed price. Putable bonds are complex financial assets resulting from the combination of a straight bond and a put option.
FABOZZI F., MODIGLIANI F. and JONES F. (2010), Foundation of Financial Markets and Institutions, Pearson International Edition.
Editor: Bianca GIANNINI
© 2010 ASSONEBB