DMPQ- What are recapitalisation bonds? How recapitalisation bond woks?
A government bond is an instrument to raise money from the market with a promise to repay the face value at the maturity date and a periodic interest. A bond issued for the purpose of recapitalisation is called recapitalisation bond. Working of Recapitalisation bond: The government will issue recapitalisation bond, which banks will subscribe … Read more