From Longman Business Dictionaryyield to callˌyield to ˈcall noun (plural yields to call) [countable] FINANCE the yield that an investor will get from a bond if they REDEEM it (=change it into cash) at the first CALL DATE (=when they can be redeemed before MATURITY)Many junk bonds currently are trading at their yield-to-call price, which assumes that the bonds will be redeemed by the issuer at the first call date.
