A "perpetual Bond" is a Bond which has no specified repayment date. Such Bond will carry on paying interests indefinitely, but - being listed instrument - it can be sold by the investor when he so wishes
Perpetual bond(See Chapter 21 of the Vernimmen)
A "perpetual Bond" is a Bond which has no specified repayment date. Such Bond will carry on paying interests indefinitely, but - being listed instrument - it can be sold by the investor when he so wishes
A "perpetual Bond" is a Bond which has no specified repayment date. Such Bond will carry on paying interests indefinitely, but - being listed instrument - it can be sold by the investor when he so wishes