A zero-coupon bond is a
debt security that doesn't pay interest (a coupon) but is traded at a deep
discount, rendering profit at maturity when the bond is redeemed for its full
face value.
If you want to change selection, open document below and click on "Move attachment"
Zero-Coupon Bond
What is a 'Zero-Coupon Bond'
<span>A zero-coupon bond, also known as an "accrual bond," is a debt security that doesn't pay interest (a coupon) but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its full face value. Some zero-coupon bonds are issued as such, while others are bonds that have been stripped of their coupons by a financial institution and then repackaged as zero-coupon bonds. Because t Summary
| status | not read | | reprioritisations | |
|---|
| last reprioritisation on | | | suggested re-reading day | |
|---|
| started reading on | | | finished reading on | |
|---|
Details