When bond retired before their maturity?

Bonds can be retired before their maturity through a process known as early redemption or call. This typically occurs when the issuer decides to repay the bondholder before the scheduled maturity date, often due to favorable interest rate conditions. Call provisions, which are specified in the bond's terms, outline the conditions under which this can happen. Investors may receive their principal back along with any accrued interest, but they may miss out on future interest payments.