The specified rate of interest at which Debentures are issued is called............

Coupon Rate

The correct answer is option 3- coupon rate.

The specified rate of interest at which Debentures are issued is called coupon rate.

Specific Coupon Rate Debentures are issued with a specified rate of interest, which is called the coupon rate. The specified rate may either be fixed or floating. The floating interest rate is usually tagged with the bank rate.