This section allows cross-market comparisons.
Glossary Definition
Call Feature

Grants the issuer the right to retire the debt, fully or partially, before the scheduled maturity date. Benefits bond issuers by allowing them to replace an old bond issue with a lower-interest cost one if interest rates decline. Effectively allows the issuer to alter the maturity of a bond. Because the call is valuable to the issuer, it pays a slightly higher interest rate.