What happens if you are not issued renewing debentures when they expire?

If you are not issued renewing debentures when they expire, you will not receive a new debenture to replace the old one, which means you may lose the ability to earn interest on that investment. Additionally, you may need to redeem the expired debenture for its principal amount, depending on the terms of the bond. This could impact your cash flow and overall investment strategy, as you would have to seek alternative investment options.