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The holder of debenture is a creditor of the company who has a right to a fixed annual return with the promise of repayment of a fixed money sum either after a set term or on the winding-up of the company.
A Eurobond is a bond issued in a currency other than the company’s home currency, in an overseas country. If it is sold exclusively in one country (in local currency) it is called a foreign bond.
Deep Discount Bonds are variously known as Zero Coupon Bonds or Money Multiplier Bonds, depending upon the issuing company. The term 'Zero Coupon' arises, as these bonds are cumulative in nature and do not give any interest during their term...
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