Corporate Bond Make-Whole Calls: How They Boost Returns vs. Other Bonds

Make whole call provisions provide a significant advantage for corporate bonds vs. municipal and agency bonds. Corporate bond make whole call provisions protect bondholder income and enable capital appreciation opportunities not available for most municipal and agency bonds. Watch this video to learn: 1) The different call provisions among corporate, municipal, and agency bonds and how these impact investor returns 2) How to calculate the make whole call payment 3) Why make whole call provisions are seldom invoked by bond issuers 0:00 Why This Presentation Is Important 1:52 Introduction to Make Whole Call Provisions 3:09 Bond Call Provision Comparison -- Make Whole Call vs. Par Call 6:35 Case Study of Corporate vs. Municipal Bond Call Provisions, Including Why Tax Equivalent Yields Are Typically Irrelevant 10:42 How to Calculate the Make Whole Call Payment for the Amazon 4.875% '36 corporate bond (CUSIP 023135DF0) 18:36 Factors Impacting Whether Issuers Invoke Make Whole Calls 23:24 Visit Bondsavvy Website to Learn More About Bond Investing and to Access Our Exclusive Corporate Bond Recommendations 23:49 Bondsavvy Disclaimer