Question

Types of bond in which there are many maturity dates and parts of issue is paid off at every maturity date is considered as

Answer 1

Explanation:

The vast majority of bonds have a set maturity date—a specific date when the bond must be paid back at its face value, called par value. Bonds are called fixed-income securities because many pay you interest based on a regular, predetermined interest rate—also called a coupon rate—that is set when the bond is issued