Perpetual bond: Difference between revisions
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== See also == | == See also == | ||
* [[Redeemable bond]] | * [[Redeemable bond]] | ||
* [[Tier 1]] |
Revision as of 08:51, 13 November 2016
A bond which pays periodic coupons in perpetuity, but never repays the principal.
Also known as an Irredeemable bond.