On which type of debentures Interest on debentures is paid to a person who produces the interest coupon attached to such debentures? |
Zero Coupon Rate Debentures Specific Coupon Rate Debentures Registered Debentures Bearer Debentures |
Bearer Debentures |
Bearer debentures are the debentures which can be transferred by way of delivery and the company does not keep any record of the debentures Interest on debentures is paid to a person who produces the interest coupon attached to such debentures. |