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 DMPQ- What are recapitalisation bonds? How recapitalisation bond woks?