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 Glossary   >   E   >   "Extendable bond" Definition   

        Extendable bond

Bond whose maturity can be extended at the option of the lender or issuer.

Extendable bond


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Extendable bond - Bond whose maturity can be extended at the option of the lender or issuer.


Extendable bond : bond whose maturity can be extended at the option of the lender or issuer.