A. trustee bonds
B. local bonds
C. bearer bonds
D. nearer bonds
✅ The correct answer is option C.
Bonds with coupon are attached to bond for paying interest when it becomes due are classified as bearer bonds. A bearer bond is a fixed-income instrument that is owned by whoever is holding it, rather than having a registered owner.
Bonds with coupon are attached to bond for paying interest when it becomes due are classified as bearer bonds. A bearer bond is a fixed-income instrument that is owned by whoever is holding it, rather than having a registered owner.