The contractual document containing restrictive covenants that limit the borrower's activities while a bond is outstanding is called:

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An indenture is a contractual document that outlines the terms of a bond issue, including the restrictive covenants that limit the borrower's activities while a bond is outstanding. A debenture is simply a type of bond that is not secured by specific assets, and a sinking fund is a reserve account set up to ensure that a bond issuer has enough funds to repay the bondholders at maturity. Therefore, choices A, C, D, and E are incorrect.

The Contractual Document Containing Restrictive Covenants That Limit the Borrower's