What Is Debenture Capital?
Financial bonds are public securities issued by banks and other financial institutions to the public in accordance with the conditions and procedures stipulated by law in order to raise long-term funds.
Capital bond
Right!
- Financial bonds are public securities issued by banks and other financial institutions to the public in accordance with the conditions and procedures stipulated by law in order to raise long-term funds.
- According to the use of funds, it can be divided into two types: general bonds and capital bonds. The former is directly to meet the needs of certain capital utilization projects, while the latter is issued to supplement the insufficient capital of financial institutions.
- Long-term subordinated bonds are one of them.