Bonds owned by investors whose names and addresses are recorded by the issuing company, and for which interest payments are made with checks or cash transfers to the bondholders, are called:
A) Callable bonds.
B) Serial bonds.
C) Registered bonds.
D) Coupon bonds.
E) Bearer bonds.

Question

Quizplus · Accepted Answer

Registered bonds are those for which the issuing company records the names and addresses of the bondholders and sends interest payments directly to them through checks or cash transfers. This is in contrast to bearer bonds, where the physical bond certificate is the proof of ownership and anyone who holds it can receive the interest payments. Callable bonds can be redeemed by the company before maturity, while serial bonds are issued in a series with different maturity dates. Coupon bonds pay interest through physical coupons attached to the bond certificate.

Bonds Owned by Investors Whose Names and Addresses Are Recorded