Use: Select one of the options from the Other Category.
Default: N/A
Notes: Select Only to see only offerings with this criteria, select N/A to do nothing with this criteria or select Omit to not include this criteria on any offerings returned.
Description: Bonds that will be called on the stated call (pre-refunded) date. The monies used to call the bonds are on deposit in an irrevocable escrow account from the proceeds of a more recent bond issue from the same issuer. Bonds are pre-refunded in order to take advantage of the lower interest rates, thus lowering the issuer's interest expense.