What does NCD stand for?

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NCD stands for Non-Convertible Debentures.

NCDs are long-term fixed income investment securities. They offer interest at a predetermined rate to the investors. The companies offer NCDs for different tenure. Each tenure has a different rate of interest attached to it. The investors can choose any of the options as desired.

NCD cannot be withdrawn before maturity. However, if the NCD is listed, the investors can sell off their security before maturity.

Topic: Introduction to NCD Feedback

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