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Question
The debentures are issued with a specified rate of interest, which is called the coupon rate are known as which types of debentures?
Options
Specific Coupon Rate Debentures
Zero Coupon Rate Debentures
Registered Debentures
Bearer Debentures
MCQ
Solution
Specific Coupon Rate Debentures
Explanation:
These debentures have a fixed rate of interest, known as the coupon rate. The rate chosen can be fixed or fluctuating. The bank rate is frequently linked to the floating interest rate.
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Issue of Debentures
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