Practicing Success
Practicing Success
CUET Preparation Today
| The floating interest rate on 'Specific Coupon Rate Debentures' is usually tagged with the ............ rate. |
Company rate Bank rate Share rate Holder rate |
| Bank rate |
| These 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. |
