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Definition | : | Perpetual Debt Instruments |
Category | : | Business » Finance |
Country/ Region |
: | Worldwide
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Popularity | : |
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Perpetual Debt Instruments (PDI) refers to financial instruments with no fixed maturity date. They are a type of perpetual bond, meaning that they have no maturity date and pay interest indefinitely, or until the issuer decides to redeem them.
Unlike conventional bonds, which have a fixed maturity date, perpetual debt instruments do not have a specific maturity date. Instead, they pay interest indefinitely or until they are redeemed by the issuer.
The full form of PDI is Perpetual Debt Instruments
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