Perpetual bond: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Expand for fixed debt.) |
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== See also == | == See also == | ||
* [[Fixed debt]] | |||
* [[Redeemable bond]] | * [[Redeemable bond]] | ||
* [[Tier 1]] | * [[Tier 1]] |
Revision as of 16:02, 5 March 2018
A bond which pays periodic coupons in perpetuity, but never repays the principal.
Also known as an Irredeemable bond.