RE: not all debt holder approved Nope your wrong. INT is just waiting to for the people to actually get the extension letters back to them. Verbally they can commit, but technically INT needs the letters signed. You are so astute, i am shocked that you didn't buy any of these debentures? Maybe they can only sell them in $1,000 denominations? Tough to buy a $60 debenture. Stick to Canada Savings Bonds, easier for you to understand.