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CFA Level 1
Fixed Income

Identifying Callable Bonds

Easy Fixed Income Securities Types Of Bonds

In the world of fixed income securities, there are various types of bonds that investors can consider. One type is particularly known for its unique features, such as offering a fixed interest rate along with multifaceted callable or putable options which provide additional benefits to the bondholder or issuer.

Among the following types of bonds, which one is characterized by these features?

Hint

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