Irredeemable securities

 

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Irredeemable securities

Securities, such as some debentures (perpetual debentures) and certain government loan stock (Consols) which do not have a redemption date that is there is no date specified for repayment of capital.



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Irredeemable bond

Irredeemable bond

A bond lacking a call feature or a right of redemption. Also refers to a perpetual bond.




 
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