单词	noncallable
释义	noncallable /nänˈkôləbəl / adjective (Of stocks and bonds) not subject to redemption before a certain date or until maturity.So why buy noncallable bonds, especially since their yields are lower than callables?... Yet, inexplicably, Treasury officials decided at that time of record-high interest rates to make 30-year bonds noncallable. The data used was the set of all outstanding noncallable Government of Canada bonds for which at least one bid price was available between April 1992 and March 1995.
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