可展期的债券的中文解释
可展期的债券在初次到期后,可再订未来一段时间的条件,将债券展期,通常债权人和债务人有权在重订条件时选择赎回。
Extendible Bond的英文解释
A bond on which terms are reset for a further period beyond the
initialmaturity date. Typically both the borrower and the
investor will have the right to
redeem the bonds at these refixings.