This bond by HDB Financial Services is having “call date” as 29th Nov, 2029. However, when you expand the page by clicking “View more”,
It is showing “Perpetual” as “Yes”.
How can a perpetual bond have a call date? Doesn’t perpetual mean that the company will keep paying you interest forever?
I am not an experienced bond investor and am not familiar with “call date”, but how can I call in the bond if it is perpetual?
Call date is shown as “The date on which the principal and due interest amount are paid to the bondholder by the issuer” on GoldenPi.
Perhaps it is a call-able bond ?
The link shared above requires login.
Can you download and attach the prospectus for review/reference here?
(i expect the clarification/details to be available in the prospectus)