716 Convertible bonds (continued Very often a convertible is callable The call provision is a way in Which the issuer can force conversion at a time earlier than the holder might otherwise choose Options, Futures, and other Derivatives, 5th edition 2002 by John C. HullOptions, Futures, and Other Derivatives, 5th edition © 2002 by John C. Hull 7.16 Convertible Bonds (continued) • Very often a convertible is callable • The call provision is a way in which the issuer can force conversion at a time earlier than the holder might otherwise choose