Fixed Income Instruments

Bearer Debentures

Debentures, a common term in the world of finance, represent a type of debt instrument that companies often use to raise money. Unregistered debentures, as the name suggests, do not require a formal registration process and can be transferred simply by delivery. This means that the company does not keep a record of the debenture holders in their register. Due to their ease of transfer, they are also known as unregistered debentures.

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