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Bond indenture

24/10/18 Bond indenture

Between bond issuers and bondholders, an indenture is a legal and binding contract specifying all the important features of a bond, such as its maturity date, timing of interest payments, and method of interest calculation. Should a conflict arise between the issuer and bondholder, the indenture is the reference document utilized for conflict resolution. Thus, the indenturecontains all the minutiae of the bond issue.


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