What is a debenture bond?

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24th Feb 2011 by admint

A Debenture bond does not have pledged collateral but the holders of debentures do have a claim over all of the property of the issuer as a general creditor. It is only backed by of the borrower and is documented only by an indenture (a documented agreement).

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1st Nov 2009 In Bonds 1 Answers | 458 Views
Subjects: bond, debenture bond,

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