A bond which attracts interest but leaves the capital repaid is referred to as
Answer Details
The bond which attracts interest but leaves the capital repaid is referred to as an "irredeemable bond".
An irredeemable bond is also known as a perpetual bond because it has no maturity date and the issuer is not required to repay the principal amount to the bondholders. Instead, the issuer pays regular interest payments to the bondholders until the bond is redeemed, which typically occurs only when the issuer decides to buy back the bond.
This type of bond is different from a redeemable bond, which has a maturity date when the issuer is required to repay the principal amount to the bondholders. Redeemable bonds are more common than irredeemable bonds.
An irredeemable bond is also different from a development bond or a long-term loan. A development bond is a type of bond issued by a government or international organization to finance development projects, while a long-term loan is a type of loan with a repayment period of more than one year.