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A callable bond benefits the issuer, and so investors of these bonds are compensated with a more attractive interest rate than on otherwise similar non-callable
"A callable bond benefits the issuer, and so investors of these bonds are compensated with a more attractive interest rate than on otherwise similar non-callable bonds."
This statement is quoted from the website Investopedia. Callable bonds usually pay a one-year interest payment as a call premium. If you are a CFO considering issuing 30-year corporate bonds, which do you think is a better choice between callable and non-callable bonds? Please discuss it in the environment of the current market situation.
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