What is the meaning of Perpetual bond?

Nonredeemable bond with no maturity date that pays regular interest rates indefinitely.

Barry Goldsmith
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APABarry Goldsmith. (2010). perpetual bond. Retrieved September 22, 2026, from http://smartdefine.org/perpetual_bond/definitions/1160490
ChicagoBarry Goldsmith. 2010. "perpetual bond" http://smartdefine.org/perpetual_bond/definitions/1160490 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, perpetual bond, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/perpetual_bond/definitions/1160490>.
MLABarry Goldsmith. "perpetual bond" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/perpetual_bond/definitions/1160490>