The typical debenture bond pays interest periodically, usually every six months, during the life of the bond and repays the entire principal amount borrowed at maturity.
Debenture bond is also called as unsecured bond which pays interest periodically, usually every six months. This bond is unsecured by any collateral, such as U.S. Treasury Bonds.
Debenture bond helps large companies who are with good credit scores, and good cash flow, lots of assets. Thus, these companies are more likely to use debenture bond, which let them avoid tying up assets.
Hence, the debenture bond pays interest periodically, usually every six months.
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