20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2026 exams.
Get your discount code >>

Bonds

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
May 13, 2018 at 12:30 am #451543
humai
Participant
- Topics: 757
- Replies: 248
Sir is below definition of bonds correct?
Bonds are long term debt capital raised by a company in exchange for cash. Cash raised must be paid on redemption date.
May 13, 2018 at 7:41 am #451583
John Moffat
Keymaster
- Topics: 57
- Replies: 54835
Yes – but you should mention the fact that interest will be paid and that there could be a premium payable on redemption.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘Bonds’ is closed to new replies.