Clinton Bond is a little interesting – a Bond without any principal amount or any interest rate. Intriguingly, even there is not maturity value. It is named after the President Bill Clinton, Earlier such Bonds were known as a Quayle Bond, named after the Vice-president Dan Quayle. This Buzzword is in circulation and there is not doubt about it. However, perhaps no one is sure about the existence of any such Bond in reality!
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