Which one of the following types of bonds permits its issuer to forego paying interest payments if certain natural events cause significant losses?

Name: Which one of the following types of bonds permits its issuer to forego paying interest payments if certain natural events cause significant losses?
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Question

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CAT bonds, or catastrophe bonds, allow issuers to skip or reduce interest payments if a specified natural disaster occurs, causing significant financial losses.

Which One of the Following Types of Bonds Permits Its