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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 long-term loan
  • B A development bond
  • C A redeemable bond
  • D An irredeemable bond
Correct Answer: Option D
Explanation:
Irredeemable bond; 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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