Debentures cannot be redeemed at which value?

Par Premium Discount More than 10% Premium

Discount

When a company issues debentures, it usually mentions the terms on which they will be redeemed on their maturity. Redemption of debentures means discharge of liability on account of debentures by repayment made to the debenture holders. Debentures can be redeemed either at par or at a premium.