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perpetual debenture

   Also found in: Financial, Wikipedia 0.01 sec.
perpetual debenture
n
(Economics, Accounting & Finance / Stock Exchange) a bond or debenture that can either never be redeemed or cannot be redeemed on demand
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416% fixed/floating subordinated rate perpetual debentures, callable in 2022 -- Assignment of "a" on existing GBP 350 million 6.
A.M. Best Affirms Ratings of Assicurazioni Generali S.p.A by Business Wire
Today's rating action reflects Fitch's heightened concerned related to potential impairments within Aflac's sizable financial institution perpetual debenture asset portfolio.
Fitch Downgrades AFLAC Inc. & Subsidiaries; Remain on Watch Negative by Business Wire
9 billion invested in perpetual debenture assets (mostly in financial institutions), which is a significant exposure relative to $6.
Fitch Places Aflac Inc. & Subsidiaries on Rating Watch Negative by Business Wire
 
 
 
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