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Callable bonds revisited"In light of the dramatic changes in the callable bond market, we reexamine the determinants of callable bonds....
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Effective duration for callable bondsA method of callable bonds pricing based on a binomial process is derived and the behaviour of this price when the yield curve changes is studied....
The valuation of callable bondsCallable bond indentures contain provisions that allow the issuing entity to retire the bond at a predetermined price before the maturity of the bond.1...
Why firms issue callable bonds: hedging investment uncertaintyThis paper analyzes a firm's dynamic decisions: i) whether to issue a callable or non-callable bond; ii) when to call the callable bond; and iii) whether to refund it when it is called....
institutions financières et crédit - iate.europa.eu

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