Definitions
There is 1 meaning of the phrase
Noncallable Bond.
Noncallable Bond - as a noun
A bond containing a provision that the holder cannot redeem the security before a specific date (usually at maturity)
Example Sentences
"Investors have been attracted to noncallable bonds because they offer higher yields."
"She invested in a noncallable bond with a maturity of 10 years."
"The company issued $500 million worth of noncallable bonds to finance its expansion."
"He diversified his portfolio by including noncallable bonds from various sectors."
"The noncallable bond had a coupon rate of 5% and paid interest semi-annually."