If a bondholder
shows they are subject to material
financial
hardship, the Directors have
discretion to
repay the bondholder’s investment
early.
Bonds that are not
jointly held would form part
of your estate and
title would pass to the executors
or administrators
of your estate. The Bond
allows your
executors or administrators to apply
for early
repayment in order that the estate can
be settled.