This category consists of perpetual debt securities. It is characteristic of perpetuals that the debtor is committed to pay interest at a specified rate, usually linked to money market interest rates but not to repay the loan principal. A perpetual is a bond no part of which is repaid and which has no maturity date but which pays regular interest.

Statistics using the definition

Validity of the definition

  • Valid until (31 December 2078)

Source organisation

  • Tilastokeskus