Securities and Exchange Board of India (SEBI) has issued a circular outlining the due diligence certificate format for debenture trustees (DTs) handling unsecured debt securities. This follows ...
Similar in concept to Treasury stripping, the Permuto product cleaves a Microsoft common share into two: a "dividend certificate" and an "appreciation certificate." ...
The certificates will come from emission reductions from several power projects on Java Island worth 2.48 million metric tons of carbon dioxide equivalent (CO2e), the Ministry of Environment said.
Traditional certificates of deposit do impose early withdrawal penalties so liquid CDs offer much more flexibility, although they pay less interest in exchange for that flexibility.