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Thursday, 30 April 2026
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Which of the following attracts only interest but leaves the capital unpaid?

Which of the following attracts only interest but leaves the capital unpaid?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A development bond
  • B A long term loan
  • C An irredeemable bond
  • D Redeemable bond
Correct Answer: Option D
Explanation:
A redeemable bond is a government bond which has no date of maturity and which therefore provides interest but can never be redeemed at full value.

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