Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 6618)
6618.
Which kind of bond gives the bondholder the right to sell the bond back to the issuer prior to the maturity date?
Putable Bonds
Floatable Bond
Convertible bond
Zero Coupon Bond
Answer: Option
Explanation:
A put provision gives the bondholder the right to sell the bond back to the issuer prior to the maturity date. Bonds that contain a put provision are called putable bonds.
Discussion:
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