Why do Companies issue Perpetual Bonds?
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Generally, Government institutions or banks issue these bonds for the purpose of raising capital with fixed interest or coupon rates. Investors purchase Perpetual Bonds to receive fixed income perpetually unless the issuer decides to redeem the bonds.
Generally, Government institutions or banks issue these bonds for the purpose of raising capital with fixed interest or coupon rates.
Investors purchase Perpetual Bonds to receive fixed income perpetually unless the issuer decides to redeem the bonds.
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