可卖回的的中文解释
指债券持有人有权在债券到期前的某一约定时点将债券卖还给发行人,这种债券称为可卖回债券(put bond)。债券卖回的价格在发行时已约定,可以是债券的面值,亦可以高于或低于面值。
Puttable的英文解释
A bond is described as puttable, or having a put feature, when the
holder has the right to sell the bond back to the issuer at a
specific date before maturity. The repurchase price, which may be at par,
premium or discount, is specified at the time of issue.