The date on which the principal amount is repaid to the bondholder is known as:
A)issuing date.
B)interest date.
C)maturity date.
D)installment date.

Question

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The maturity date is the date on which the principal amount is repaid to the bondholder, marking the end of the bond's term. This is the date established at the time the bond is issued, and it is an essential factor in assessing the security's payout potential. The issuing date (A) refers to the day on which the bond is initially released for sale to the public, and the interest date (B) refers to the day(s) on which interest payments are made to the bondholders. The installment date (D) is not applicable to bonds since they typically have a single payment at maturity.

The Date on Which the Principal Amount Is Repaid to the Bondholder