Debentures vs Bonds: What’s the Difference and Which Is Better?

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2025-08-26 07:21:37 -

When friends ask me about the difference between debentures and bonds, I start with the basics. Both are promises to repay: I lend money to an issuer today and receive periodic interest plus principal on a scheduled date. In Indian practice, “bond” is the broader umbrella. “Debenture” is a specific kind of corporate debt—most commonly the Non-Convertible Debenture...

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