FINANCE|financial institutions and credit
- ionstraim fofhiachais shuthain Tagairt Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- perpetual subordinated debt instrument
- en
- Sainmhíniú bond with no maturity date for the return of principal, which never needs to be redeemed by the issuer and therefore pays coupon interest continuously until bought back, and which ranks after other forms of debt Tagairt "COM-EN, based on: Wikipedia > Perpetual subordinated debt, http://en.wikipedia.org/wiki/Perpetual_subordinated_debt [2.10.2014]"
- Nóta In the event of bankruptcy, subordinated debtholders receive payment only after senior debt claims are paid in full.