SNL1957 CHAPTER 70 LOAN AND GUARANTEE ACT, 1957
Contents Loan Glossary Credit Products Serial and Amortizer Debentures When do borrowers receive their money? Debentures must be outstanding to maturity, which is they are not subject to redemption prior to maturity. When the NSMFC issues debentures, the Corporation is locked into the same maturity schedule including principal and interest payments as its clients. For […]
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