Fixed Income InstrumentsDirty Price Credit Rating Bond Issuer Inflation-linked Bonds Redeemable Debentures Optionally Fully Convertible Debentures
Secured Debentures
Debentures, a type of financial instrument, can be divided into two categories: secured and unsecured. Secured debentures are backed by a specific asset, providing security to the debenture holders. In the event that the company is unable to make payments, the asset can be sold to repay the loan. This concept ensures a level of protection for investors, making secured debentures an attractive option for those looking to invest in a company's debt.
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