What is a Term Bond?

Irregular bonds are one form of bonds. There are several maturity dates for irregular bonds, and investors can choose any one of the maturity dates to redeem the principal to the borrower after purchasing the bonds.

Irregular bonds

Right!
Irregular bonds are one form of bonds. There are several maturity dates for irregular bonds, and investors can choose any one of the maturity dates to redeem the principal to the borrower after purchasing the bonds.
Background

In 1982, the international bond market issued a total of US $ 5 billion in irregular bonds.

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