Perpetual subordinated debt

Perpetual subordinated debt is debt (bonds) with no maturity date for the return of principal, never needs to be redeemed by the issuer, and thus pay coupon interest continually until bought back (hence, "perpetual"). Like other subordinated debt, it has claims after senior debt (hence "subordinated") in the event of default.

单词	Perpetual subordinated debt
释义	Perpetual subordinated debt 英语百科 Perpetual subordinated debt Perpetual subordinated debt is debt (bonds) with no maturity date for the return of principal, never needs to be redeemed by the issuer, and thus pay coupon interest continually until bought back (hence, "perpetual"). Like other subordinated debt, it has claims after senior debt (hence "subordinated") in the event of default.
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