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Can a bond's maturity date be changed after issuance?

Curious about Maturity date

Can a bond's maturity date be changed after issuance?

In general, the maturity date of a bond cannot be changed after issuance. When a bond is issued, the terms of the bond, including the maturity date, are set and remain fixed for the life of the bond. However, there are some exceptions. For example, in certain cases, a bond issuer may offer a bondholder the option to extend the maturity date of the bond through a process called a "maturity extension." This typically requires the agreement of both the bond issuer and the bondholder, and may involve the payment of additional fees or a change in the interest rate. Another option that may be available is a bond buyback, where the issuer purchases the bonds back from the market before the maturity date. However, the terms of the buyback would be outlined in the bond's indenture, and would be subject to the approval of bondholders.

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