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What is a Zero-coupon Bond?

July 6, 2021 By James Rabinovich Leave a Comment

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What is a Zero-coupon Bond?

A zero-coupon bond, also known as an accrual bond, is a debt security that does not pay interest but instead trades at a deep discount, rendering a profit at maturity when the bond is redeemed for its full face value.

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James Rabinovich
James Rabinovich
James Rabinovich
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