Bonds offered for Public Offer shall meet the following conditions: 1. They shall not be redeemable before one year from their issue. 2. They produce periodical yields, whether such yields be fixed or variable. 3. They do not include any Financial Derivatives, such as swap deals or option contracts, excluding Convertible Bonds, wherein the option right implied shall be subject to the discretion of the Bondholders and Shares subject to swap shall be listed on the Exchange.