A debenture is an instrument used by a lender, such as a bank, when providing capital to companies and individuals. It enables the lender to secure loan repayments against the borrower’s assets – even ...

Bonds get complicated, and the language doesn't help. Most of us think of "coupons" as a piece of paper you exchange for a discount on toilet paper, but in the world of bonds, a coupon is your ...

Zero-coupon debentures may become more popular as debenture issuers and fixed-income mutual funds seek ways to reduce the impact from the 15% withholding tax imposed on gains from fixed-income mutual ...