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Home > Terms > English, UK (UE) > Zero-coupon bonds
Zero-coupon bonds
Bonds with no coupon attached, i.e. no interest payments for the holder, but are sold way below par, and much lower than the face value, so that when the bond matures the holder recieves a lot more than he paid for it.
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- Part of Speech: noun
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- Industry/Domain: Financial services
- Category: Stocks & securities
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