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the cell OS is described content of a bond indenture bond indenture the trust deed is the legal contract that describes the form of the bond the obligations of the issuer and the rights of the bondholders market participants frequently call this legal contract the bond indenture particularly in the United States and Canada some bullet points here the indenture is written in the name of the issuer references that features of the bond issue such as principal value for each bond the interest rate or coupon rate to be paid the dates when the interest payments will be made the maturity date when the bonds will be repaid and whether the bond issue comes with any contingency provisions it also includes information regarding the funding sources for the interest payments and principal repayments and it specifies any collaterals credit enhancements or covenants some definitions here credit enhancements are provisions that may be used to reduce the credit risk of the bond issue covenants are cla