n NISM Certifications
XV NISM Series XV
Medium

Which type of bond gives the issuer the right to redeem the bond before its maturity date?

Practice question from NISM XV Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Callable

    Correct answer

  2. B

    Puttable

  3. C

    Convertible

  4. D

    Zero-coupon

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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