Which kind of bond allows the issuer to repay it prior to its scheduled maturity?

Engineering Economy MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

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Subject
Engineering Economycivil-engineering-mcqs › engineering-economy
Published
21 Jan 2019
Last updated
28 May 2026

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Explanation

A callable bond is one that the issuer can redeem before the maturity date, giving them the flexibility to repay the debt early. The other types listed do not have this feature.

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