Perpetual bond: Difference between revisions
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imported>Doug Williamson (Expand for fixed debt.) |
imported>Doug Williamson m (Categorise.) |
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[[Category:Corporate_financial_management]] | |||
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Revision as of 09:43, 14 March 2018
A bond which pays periodic coupons in perpetuity, but never repays the principal.
Also known as an Irredeemable bond.
