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Basic Question 2 of 15

A bond that has no maturity date is referred to as a ______.

A. serial bond
B. normal bond
C. terminal bond
D. perpetual bond
E. indefinite bond

User Contributed Comments 2

User Comment
johntan1979 e.g. consol
chcarnes Like a perpetuity --> perpetual
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Your review questions and global ranking system were so helpful.
Lina

Lina

Learning Outcome Statements

describe the features of a fixed-income security

CFA® 2025 Level I Curriculum, Volume 4, Module 1.