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  • Sunday, December 22, 2024
  • The Financial Encyclopedia

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Multiple Step-Up Callable Note

A step-up callable note whose initial coupon is well above market rates (for vanilla bonds) and which allows more than one step-up (increase) in its...

    Multi-Step-Up Callable Note

    A step-up callable note whose initial coupon is well above market rates (for vanilla bonds) and which allows more than one step-up (increase) in its...