Name of a Bond that either never matures or have a very long maturity of 100 yrs or more is:
a. |
Zero Coupon Bond |
|
b. |
Console |
|
d. |
Serial Bond |
|
e. |
High Yild Bond |
|
f. |
Non-Callable Bond |
Answer is b. Console.
I will explain each option.
a. Zero Coupon: Its a bond that is issued at deep discount. and paid at face value on maturity and they don't pay interest
b. Console: this is bond that dose not matures and pays fixed interest
d. Serial Bond: Its a bond which pays partial amounts of maturity value in a fixed series of intervals.
e. High Yield Bond: Are those bonds which gives high return and they have high risk factor.
f. Non-Callable Bond: this is a bond which cant be recalled till their maturity.
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