Series 79: The Indenture

Taken from our Series 79 Top-off Online Guide

The Indenture

The terms that apply to a specific bond are specified in a formal agreement between the bond issuer and the bondholder known as the deed of trust, the trust indenture, or usually just the indenture. (The terms may also be summarized in a bond prospectus.) The Trust Indenture Act of 1939 required the use of indentures, specified the information that must be disclosed, and mandate

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