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

Question

Quizplus · Accepted Answer

The maturity date is the date on which the principal amount is repaid to the bondholder, concluding the life of the bond. The issuing date is the date on which the bond is first offered to the public. The interest date is the date on which interest payments are made to the bondholder. The installment date is not typically used in reference to bonds.

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