What is a Consolidated Bond?

Consolidated bonds, also known as unified bonds, refer to bonds issued to raise funds for the recovery of various old bonds.

Consolidated bonds

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Consolidated bonds, also known as unified bonds, refer to bonds issued to raise funds for the recovery of various old bonds.

Consolidated bonds, also known as unified bonds, refer to bonds issued to raise funds for the recovery of various old bonds.

The purpose of issuing consolidated bonds is to use the funds raised to recover the various bonds originally issued, in order to achieve the dual purpose of simplification and saving interest expenses.