In terms of public offerings of bonds,what is an indenture?

Question

Quizplus · Accepted Answer

An indenture is a legal document that specifies the terms and conditions of a bond offering, including the firm's obligations to the bondholders. It serves as a formal contract between the issuer and the bondholders. A is incorrect because the duties of the trust company would typically be outlined elsewhere, not in the indenture. B is incorrect because a memorandum is not the same as an indenture, although a memorandum might be issued in conjunction with an indenture to provide additional details. D is incorrect because the schedule of fees would also typically be outlined elsewhere, not in the indenture.

In Terms of Public Offerings of Bonds,what Is an Indenture