What is a ‘Debt Instrument’?

What is a ‘Debt Instrument’?

Debt instrument represents a contract whereby one party lends money to

another on pre-determined terms with regards to rate and periodicity of

interest, repayment of principal amount by the borrower to the lender.

In the Indian securities markets, the term ‘

instruments issued by the Central and State governments and public sector

organizations and the term ‘

private corporate sector.

bond’ is used for debtdebenture’ is used for instruments issued by