Hi, my good name is Ajeet Varkey belong to India. If you are a student of accounting or commerce stream and want to know about debentures like what is debenture, types such as bearer debentures, redeemable debentures, etc then you can go through the given article or link. The negotiable instruments that are exchangeable by delivery and payable to the bearer are called bearer debentures. And the records are not made in respect of such kind of debentures. The rate of interest is paid to the debenture holder for the same.