NOUN
- a bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond; the commonest form of zero-coupon security
How To Use zero-coupon bond In A Sentence
- Or you could buy a zero-coupon bond with a face value of 100 for 85. Times, Sunday Times
- Every dynamic mean-variance efficient strategy can be viewed as buy-and-hold combinations of two funds: the zero-coupon bond and a continuously rebalanced portfolio.
- This paper investigates the optimal investment portfolio with stock, defaultable zero-coupon bond, treasury bond and money market account when the investor faces default risk.
- Richard Bryant, head of Treasury trading at MF Global Holdings Ltd., noted that yields on long-dated zero-coupon bonds have dropped more than their regular peers. Treasury Niche Beats Gold