This matrix identifies matters the final funded-bond contract must address. It does not state that these rights already exist at the latent prototype stage.
| Subject | Proposed bondholder right | Corresponding issuer obligation | Build 12 position |
|---|---|---|---|
| Principal | Right to repayment only as finally contracted | Recognise and service funded principal according to final terms | Unresolved; £0 funded |
| Return / interest | Right only to the return expressly stated in final terms | Calculate, account for and pay any contractual return correctly | No rate approved; £0 accrued |
| Maturity / redemption | Clear date/event and redemption mechanics | Apply agreed redemption provisions consistently | Unresolved |
| Information | Defined material information and status reporting | Maintain accurate register and agreed reporting | Prototype coded verification only |
| Register | Correct recording of coded bond rights | Protect register integrity and document corrections | Implemented for prototype records |
| Transfer | Transfer only if final terms permit it | Apply eligibility and register controls | Disabled |
| Succession | Procedure for death/incapacity where legally applicable | Verify authority before changing control | Policy concept only |
| Default | Defined remedies if contractual obligations are not met | Disclose default events and follow contractual process | Unresolved |
| Reparations entitlement | No bond-created entitlement to reparations | Keep creditor rights separate from reparations-beneficiary status | Core system principle |