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प्रश्न
What is meant by ‘debentures issued at par but redeemable at premium’?
लघु उत्तरीय
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उत्तर
Debentures are said to be issued at par when they are issued at their face value, and redeemable at a premium means the company will repay more than the face value at the time of redemption. For example, if a ₹100 debenture is issued at ₹100 but redeemed at ₹110, it is issued at par and redeemable at a premium.
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