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What is meant by a Maturity date for Security?

April 26, 2017maturity date meant security

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What is meant by a Maturity date for Security?

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[ Top ] Securities are issued for a fixed period of time at the end of which the principal amount borrowed is repaid to the investors. The date on which the term ends and proceeds are paid out is known as the Maturity date. It is specified on the face of the instrument. In respect of Demat Debt instrument due date is known from ISIN Number of the security.