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Vinit (CA Final ) (188 Points)
19 February 2011
What is the difference between BONDs and Debentures.........................waiting for reply.
1 Replies
(Guest)
The two words can be used interchangeably. We use the word bonds to refer to debt securities issued by government, semi-government bodies and public sector financial institutions and companies. We use the word debentures to refer to the debt securities issued by private sector companies
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