The bonds and debentures both are the financial institutions.
According to companies act 1956 India debenture includes stocks, bond and any other
• Securities of company whether constituting a charge on asset or not.
• Generally private sector companies issue debentures and public sector and financial Institutions issue bonds.
• Bond is a long term debt instrument that promises to pay a fixed annual interest over a Specific period.
• Debentures may be convertible into equity shares while bonds are not.
• Debentures may be redeemed in installment.
Al institutions.
According to companies act 1956 India debenture includes stocks, bond and any other
• Securities of company whether constituting a charge on asset or not.
• Generally private sector companies issue debentures and public sector and financial Institutions issue bonds.
• Bond is a long term debt instrument that promises to pay a fixed annual interest over a Specific period.
• Debentures may be convertible into equity shares while bonds are not.
• Debentures may be redeemed in installment.
Al institutions.