Call date mature nightly

Q: We have a bond with a call date, and received notification today that it was called. Does AFS provide any support for this, or does I just need to sell out the position on the call date? e.g. is there any way to have the nightly mature this off?

A: The position would mature off in nightly if the product's Redemption Code is set to PRERFD (pre-refunded). Otherwise you can just sell it on the appropriate date.

See also

• Average Maturity Calculation

Last updated: 04/28/05