Fixed Income, No Conversion
Non-Convertible Debentures (NCDs) are fixed-income securities that offer regular interest payments and return the principal at maturity. They cannot be converted into equity shares.
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It offers regular interest and fixed maturity, without the option to convert into shares.
Provides steady income through periodic coupons.
Returns principal at the end of the term.
Cannot be converted into company stock.
Depends on the issuing company’s creditworthiness
Typically issued with set interest rates and maturity dates.
