CURRENT AFFAIRS QUIZ - 2019
Which kind of bond gives the bondholder the right to sell the bond back to the issuer prior to the maturity date?
A)
Floatable Bond
B)
Convertible bond
C)
Putable Bonds
D)
Zero Coupon Bond

Correct Answer : Option (C) - Putable Bonds

Note : A put provision gives the bondholder the right to sell the bond back to the issuer prior to the maturity date. Bonds that contain a put provision are called putable bonds.