I'm curious about PERP. I've heard this term in some discussions but I'm not quite sure what it means. Could someone please explain to me what PERP is all about?
6 answers
MysticStorm
Wed Dec 18 2024
The recommendation of perpetual bonds to clients involves a detailed explanation of how the product functions. Clients are informed that, unlike regular bonds, perpetual bonds do not have a fixed repayment date.
CryptoChieftain
Wed Dec 18 2024
As a result of this feature, perpetual bonds have earned the moniker of "perpetual." This term reflects the bond's indefinite nature, signifying that it exists perpetually without a set expiration.
SamsungShineBrightnessRadianceGlitter
Wed Dec 18 2024
The primary obligation of the issuer of a perpetual bond is to pay interest on the bond on a regular basis. This payment is ongoing and perpetual, creating a continuous financial responsibility for the issuer.
Margherita
Wed Dec 18 2024
The perpetual bond, abbreviated as PERP, is a sophisticated financial derivative devised by investment banks. This financial instrument is unique in that it does not possess a maturity date, distinguishing it from traditional bonds.
Giulia
Wed Dec 18 2024
Investment banks offer perpetual bonds to their qualified clientele through their financial advisors. These advisors present the perpetual bond in the form of a bond, highlighting its potential benefits and unique characteristics.