Does Redemption Date Mean?
The Date on Which a Debt Security Is Scheduled to Be Redeemed by the Issuer. the Redemption Date Is the Scheduled Maturity Date Or, If Applicable, a Call Date...
The date on which a debt security is scheduled to be redeemed by the issuer. The redemption date is the scheduled maturity date or, if applicable, a call date.
What happens on redemption date?
Bonds can be redeemed before or on their maturity date. If redeemed at the time of maturity, an investor receives the par value (also called the face value) of the bond. ... A callable bond allows the issuer of the bond to pay off its debt early. An issuer may choose to call their bond if market interest rates move lower.
What is a redemption deadline?
Redemption Deadline means the deadline by which completed Redemption Requests must be received by the AIFM, as described in the relevant Supplement, or such other date as the Directors may determine upon prior notification to the Shareholders.