Non-callable Bond

Sohini Ghosh

19 sec Read

28 Dec 2020

bonds

investment

non-callable bond

securities

A non-callable bond is a bond which the issuer cannot recall a bond until the bond reaches its maturity. These kinds of bonds pose an interest rate risk as the issuer has to continue giving the surplus interest rate (the rate at which the bond was issued) in the event of a rate cut till maturity of the security.

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JM Financial Services Ltd.

Corporate Identity Number: U67120MH1998PLC115415

https://www.jmfinancialservices.in

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JM Financial Services Limited, 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025.
Tel.: (022) 6630 3030. Fax: (022) 6630 3223

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JM Financial Services Limited, 5th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025.
Tel.: (022) 6704 0404. Fax: (022) 6704 3139

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Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities, municipal debt securities/securitised debt instruments are subject to credit risks, market risks and default risks including delay and/or default in payment. Read all the offer related documents carefully

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