Examveda

Number of covenants related to issued bonds are included in

A. private indenture

B. bond indenture

C. long term indenture

D. federal indenture

Answer: Option B

Solution (By Examveda Team)

Number of covenants related to issued bonds are included in bond indenture. A bond indenture is a legal document or contract between the bond issuer and the bondholder that records the obligations of the bond issuer and benefits owed to the bondholder.

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