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Glossary > P > "Put provision" Definition

Put provision

Gives the holder of a floating-rate bond the right to redeem his note at par on the coupon payment date.

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Put provision - Gives the holder of a floating-rate bond the right to redeem his note at par on the coupon payment date.

Put provision : gives the holder of a floating-rate bond the right to redeem his note at par on the coupon payment date.