I hold a perpetual bond and I'm not sure how to redeem it. I've heard about redeeming bonds before but I'm not familiar with the specific steps for a perpetual bond. Can someone guide me through the process?
5 answers
Dario
Mon Jan 06 2025
A perpetual bond is a unique financial instrument that cannot be redeemed by the issuer.
AltcoinExplorer
Sun Jan 05 2025
Due to this non-redeemable nature, perpetual bonds share similarities with equity instruments, which also cannot be redeemed.
SapphireRider
Sun Jan 05 2025
While both perpetual bonds and equity instruments offer potential for long-term investment, their obligations to investors differ significantly.
EmilyJohnson
Sun Jan 05 2025
In the case of perpetual bonds, the issuer is legally bound to pay interest to the bondholder indefinitely.
CryptoLodestar
Sun Jan 05 2025
On the other hand, equity investors do not have such a guaranteed stream of income from the issuer. Instead, they rely on dividends, which are discretionary payments made by the company.