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which of the following is correct with regards to bonds in danger and the indenture is same as debenture it is used at collateral it contained covenants now a bonds indenture specifies all the rights and obligation of the issuers and owners of a fixed income security so it specifies or it is it is a kind of a document which specifies all the rights and obligations obligations of the issuers of the issuer and the bond holder and the bond holder of a fixed income security it contains covenants in the form of positive covenants and negative covenants the positive covenants can be in the form that the company has to repay the demo the repay the coupon rate or the coupon payment within the stipulated time whereas the negative covenants can be in the form that the company cannot raise debt beyond this point or they cannot pay the dividends the common holders until the interest under debt has been paid now it is not used as a collateral and the avenger debenture is a kind of an unsecured deb