Debenture issuers typically engage the services of a debenture trustee for what purpose?
A) issue new shares and to pay dividends
B) give a bond rating to the market
C) hand out certificates and to keep sequence
D) debenture holder registration and to disburse interest payments

Question

Quizplus · Accepted Answer

Debenture trustees are appointed to act as intermediaries between the issuer and the debenture holders. Their responsibilities include maintaining a register of debenture holders and ensuring that interest payments are disbursed to them on time.

Debenture Issuers Typically Engage the Services of a Debenture Trustee