2.4.12.1 Debentures
Debentures are bonds not secured by a physical asset or collateral but rather by the “full faith and credit” of the issuer. Generally issued by well-established companies with a high credit rating, deben
Debentures are bonds not secured by a physical asset or collateral but rather by the “full faith and credit” of the issuer. Generally issued by well-established companies with a high credit rating, deben