Early Bond Repurchases Without Retirement

Authors

  • Sheldon R. Smith Utah Valley University
  • Marty D. Van Wagoner Utah Valley University

DOI:

https://doi.org/10.33423/jabe.v22i13.3902

Keywords:

business, economics, bond repurchases, early bond retirement, bond gains and losses

Abstract

Companies can buy back and retire their own bonds before maturity, resulting in a possible gain or loss on the extinguishment of debt. What would happen if a company repurchased its own bonds before maturity but did not retire them, potentially holding them for resale later before the bonds mature? This paper provides a conceptual exploration of the early repurchase of bonds without a corresponding retirement.

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Published

2020-12-20

How to Cite

Smith, S. R., & Van Wagoner, M. D. (2020). Early Bond Repurchases Without Retirement. Journal of Applied Business and Economics, 22(13). https://doi.org/10.33423/jabe.v22i13.3902

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Articles