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Zero Coupon Rate Debenture

A debenture that does not carry a specific rate of interest (and hence, it is known as zero coupon). As...

Specific Coupon Rate Debenture

A debenture that is issued bearing a specific interest rate. The coupon rate is specified in the issue, and can...

Redeemable Debenture

A debenture that has a fixed maturity date by which it can be redeemed by the issuer. It continues until...

Irredeemable Debenture

A debenture that does not carry a fixed maturity date. It virtually continues indefinitely as the issuer has no obligation...

Perpetual Debenture

A debenture that does not carry a fixed maturity date. It virtually continues indefinitely as the issuer has no obligation...

Unsecured Debenture

A debenture that is backed only by the cash flows of the issuing company, rather than its assets such as...

Secured Debenture

A debenture that is backed by the company's assets and involves a floating or fixed charge imposed on the underlying...

Unsecured Non-Convertible Debenture

A non-convertible debenture (NCD) that is backed only by the cash flows of the issuing company, rather than its assets...

Unsecured NCD

It stands for unsecured non-convertible debenture; a non-convertible debenture (NCD) that is backed only by the cash flows of the...

Secured Non-Convertible Debenture

A non-convertible debenture (NCD) that is backed by the company's assets and involves a floating or fixed charge imposed on...