Call Date

Call Date (Debt related) – A date after which a loan or note may be prepaid. The date on which a bond can be redeemed, at the Issuer’s option, before maturity. If the issuer feels there is a benefit to refinancing the issue, the bond may be redeemed, at the Issuer’s option, on the call date at its initial issue price or at a small premium (1-3%) to that value.