BOND PRICING
Puttable Bond
A bond allowing the holder to require early redemption under specified conditions.
Market use
The investor option affects valuation and yield scenarios.
What it means
A bond allowing the holder to require early redemption under specified conditions.
Example
The put date can create an alternative effective maturity.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.