Write one word/term/phrase which can substitute the following
The issue of debentures more than face value of debentures
Issue of debentures at premium
Explanation: When debentures are issued at a price more than their face value, it is known as ‘issue of debentures at premium’. For example, when a debenture of face value Rs 10 is issued at Rs 12, it is issued at a premium of Rs 2. The premium is credited to Securities Premium Account.
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- Issue of Debentures at Par at Premium and at Discount