Asked by Ritvik Rekhi on Apr 25, 2024
Verified
Provide four components likely to be included in bond indenture.
Bond Indenture
A legal contract between the bond issuer and the bondholders, detailing the terms of the bond, such as the interest rate, maturity date, and collateral.
- Identify and describe components of a bond indenture.
Verified Answer
SM
Sabrina Mosby8 days ago
Final Answer :
Four likely components of an indenture include:
Maturity date
Sinking fund provision
Protective covenants
Security or collateral
Maturity date
Sinking fund provision
Protective covenants
Security or collateral
Learning Objectives
- Identify and describe components of a bond indenture.