Unlike the former view that the character of Central Bank Bill is bond issued by Central Bank, this paper afresh explains its character from debt replacement instrument.
It is also used to describe a security or other financial instrument, such as a bond or promissory note, which contains the issuer's undertaking to pay the owner.
它也用来描述证券或其他金融工具，比如债务或期票，这些票证包含了发行者必须向其所有者支付的承诺。
3
Deferred interest Bond a debt instrument that pays no interest until a date specified in the future.