Type of bonds in which there are many maturity dates and part of issue is paid off at every maturity date is considered as

A pledged bonds
B serial bonds
C series bonds
D parallel bonds

Correct Answer: serial bonds

Type of bonds in which there are many maturity dates and part of issue is paid off at every maturity date is considered as serial bonds. A serial bond is a bond issue that is structured so that a portion of the outstanding bonds mature at regular intervals until all of the bonds have matured. Because the bonds mature gradually over a period of years, these bonds are used to finance projects that provide a consistent income stream for bond repayment.
Bissoy MCQ
#Management #International Finance And Treasury

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