BROWSE

Canary Call

What is 'Canary Call'

A step-up bond that cannot be called after completing its first-step period. The issuer of the bond reserves the option to call back the bond until the first step is reached. A canary call may only be exercised on predetermined dates.

Explaining 'Canary Call'

The canary call is similar to a Bermuda option, as it must be called on specific dates. If the issuer of the bond chooses not to call before the canary call expires, the bond will remain a standard step-up bond, where the coupon rate will increase with each step-up period.


Further Reading


Saving the Canaries: Protecting Consumer Borrowers to Prevent Systemic Risk
papers.ssrn.com [PDF]
… Given the links, this article suggests the creation of a "Canary Index," as a way to … Taub, Jennifer, Saving the Canaries: Protecting Consumer Borrowers to Prevent Systemic Risk (September 26 … If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United …

Canary in the coal mine: What Carillion's collapse reveals about construction's productivity conundrumCanary in the coal mine: What Carillion's collapse reveals about construction's productivity conundrum
www.tandfonline.com [PDF]
… Given the links, this article suggests the creation of a "Canary Index," as a way to … Taub, Jennifer, Saving the Canaries: Protecting Consumer Borrowers to Prevent Systemic Risk (September 26 … If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United …

The Canary Wharf debacle: from 'TINA'—there is no alternative—to 'THEMBA'—there must be an alternativeThe Canary Wharf debacle: from 'TINA'—there is no alternative—to 'THEMBA'—there must be an alternative
journals.sagepub.com [PDF]
… Given the links, this article suggests the creation of a "Canary Index," as a way to … Taub, Jennifer, Saving the Canaries: Protecting Consumer Borrowers to Prevent Systemic Risk (September 26 … If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United …

Old wine region, new concept and sustainable development: winery entrepreneurs' perceived benefits from wine tourism on Spain's Canary IslandsOld wine region, new concept and sustainable development: winery entrepreneurs' perceived benefits from wine tourism on Spain's Canary Islands
www.tandfonline.com [PDF]
… Given the links, this article suggests the creation of a "Canary Index," as a way to … Taub, Jennifer, Saving the Canaries: Protecting Consumer Borrowers to Prevent Systemic Risk (September 26 … If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United …

A Semi‐Explicit Approach to Canary Swaptions in HJM One‐Factor ModelA Semi‐Explicit Approach to Canary Swaptions in HJM One‐Factor Model
www.tandfonline.com [PDF]
… Given the links, this article suggests the creation of a "Canary Index," as a way to … Taub, Jennifer, Saving the Canaries: Protecting Consumer Borrowers to Prevent Systemic Risk (September 26 … If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United …

An analysis of supply-side relationships in small island destinations: the role of tour operators, travel agencies and tourism transport in the Canary islandsAn analysis of supply-side relationships in small island destinations: the role of tour operators, travel agencies and tourism transport in the Canary islands
www.tandfonline.com [PDF]
… Given the links, this article suggests the creation of a "Canary Index," as a way to … Taub, Jennifer, Saving the Canaries: Protecting Consumer Borrowers to Prevent Systemic Risk (September 26 … If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United …

The US Federal Financial Crisis Will Limit the Sale of Life Insurance Due to the Unintended Consequences of Low Economic GrowthThe US Federal Financial Crisis Will Limit the Sale of Life Insurance Due to the Unintended Consequences of Low Economic Growth
papers.ssrn.com [PDF]
… Given the links, this article suggests the creation of a "Canary Index," as a way to … Taub, Jennifer, Saving the Canaries: Protecting Consumer Borrowers to Prevent Systemic Risk (September 26 … If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United …


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