Answer Posted / sai prasad
wat ammet mentioned above is right,, adding to that an
improtant poing,,A DEBENTURE CAN BE CONVERTED TO A SHARE OR
SECURITY. ex: M&M issued debenture for raising a loan of
6000 cr. so it will issue debentures with a option of
convertable i.e, CONVERTIBLE DEBENTURES,.after certain
period that debentures can be converted to M&M shares which
u can sell them at that time price..
Bonds are not coverted into shares or securities.. almost
risk free..
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