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skaizun
Lv 6
skaizun asked in Business & FinanceInvesting · 2 months ago

What does 'M/w CLBL' mean for financial bonds?

I know that "CLBL" means "callable," but, I'm stymied about "M/w"!

2 Answers

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  • Anonymous
    2 months ago
    Favourite answer

    It stands for 'Make Whole" giving the bond issuer the option to pay it off early in a lump sum. Might be used if interest rates were to drop to more attractive levels and they want to retire more expensive debt without paying all the high interest. Not used very often because of the lump sum requirement.

  • zman492
    Lv 7
    2 months ago

    Make Whole Callable

    For information on what that means see

    https://www.investopedia.com/terms/m/make-wholecal...

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