Extendable Bond
A bond issue with a maturity that can be extended to a longer period at the option of the issuer.

Investopedia Says:
If interest rates are higher at maturity (than they previously were before) then the issuer is more likely to try and extend the bond.

Related Terms:
Bond
Issuer
Maturity

• Each Way
• EAFE Index
• Early Exercise
• Early Withdrawal
• Earmarking
• Earned Income
• Earned Income Credit (EIC)
• Earned Income Credit (EIC)
• Earned Premium
• Earnest Money
• Earning Assets
• Earnings
• Earnings Before Interest After Taxes (EBIAT)
• Earnings Before Interest After Taxes (EBIAT)
• Earnings Before Interest, Depreciation And Amortization (EBIDA)
• Earnings Before Interest, Depreciation And Amortization (EBIDA)
• Earnings Before Interest, Tax, Amortization And Exceptional Items (EBITAE)
• Earnings Before Interest, Tax, Amortization And Exceptional Items (EBITAE)
• Earnings Before Interest, Tax and Depreciation (EBITD)
• Earnings Before Interest, Tax and Depreciation (EBITD)
• Earnings Before Interest & Tax (EBIT)
• Earnings Before Interest & Tax (EBIT)
• Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring or Rent Costs (EBITDAR)
• Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring or Rent Costs (EBITDAR)
• Earnings Before Interest, Taxes, Depreciation, Amortization And Special Losses (EBITDAL)