2.4.14. Debt Retirement
Corporations may choose to retire their debt at maturity, but this is not always the case. When interest rates go down, issuers typically call their callable bonds, and they may issue new bonds at the lower rate.
Corporations may choose to retire their debt at maturity, but this is not always the case. When interest rates go down, issuers typically call their callable bonds, and they may issue new bonds at the lower rate.