The covenants and other terms of the agreement between the issuer of bonds and the lender are set forth in the
A) Registered bond
B) Bond coupon
C) Bond indenture
D) Bond debenture

Question

Quizplus · Accepted Answer

The covenants and other terms of the agreement between the issuer of bonds and the lender are typically set forth in a bond indenture. A registered bond is one that is registered in the owner's name with the issuer or its agent, a bond coupon is a detachable part of a bond that represents the interest due to the bondholder, and a bond debenture is a type of bond that is not secured by collateral.

The Covenants and Other Terms of the Agreement Between the Issuer