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) Coupon bonds.
B) Registered bonds.
C) Callable bonds.
D) Bearer bonds.
E) Serial bonds.

Question

Quizplus · Accepted Answer

Registered bonds are those where the issuer maintains a record of the bondholders' names and addresses, and makes interest payments directly to them via checks or cash transfers. This is in contrast to bearer bonds, where the physical bond represents ownership and interest payments can be made to anyone who holds the bond. Coupon bonds refer to the fact that the bonds have a stated interest rate (coupon rate) that determines the interest payments. Callable bonds give the issuer the option to redeem the bonds before their maturity date, while serial bonds are issued in a series with different maturity dates.

Bonds Owned by Investors Whose Names and Addresses Are Recorded