When the issue price of debentures is equal to the face value, then they are said to be issued at.........
Answer & explanation
Correct answer: option 1
The correct answer is option 1- Par.
When the issue price of debentures is equal to the face value, then they are said to be issued at par.
Debentures are said to be issued at par when their issue price is equal to the face value. "Par" means the debentures are issued at their nominal or face value. For example, if a debenture has a face value of ₹1,000 and it is issued for ₹1,000, it's said to be issued at par.