discount bond
81zero coupon bond — noun A bond (e.g., corporate debenture or government debt) that has no coupon (i.e., pays no interest), during the life of the issue. Such a bond is initially sold at a deep discount to its …
82Series EE Bond — A non marketable, interest bearing U.S. government savings bond that is guaranteed to at least double in value over the initial term of the bond, typically 20 years. Most Series EE bonds have a total interest paying life that extends beyond the… …
83Strip Bond — A bond where both the principal and regular coupon payments—which have been removed—are sold separately. Also known as a zero coupon bond. An investment firm will usually buy a debt instrument and strip it into its separate parts. Strip bonds …
84Zero-Coupon Bond — 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. Also known as an accrual bond . Some zero coupon bonds are issued as such,… …
85unamortized bond discount — par value of a bond less the proceeds received from the sale of the bond, less whatever portion has been amortized. Bloomberg Financial Dictionary …
86zero-coupon bond — A type of bond that offers no interest payments. In effect, the interest is paid at maturity in the redemption value of the bond. Investors sometimes prefer zero coupon bonds as they may confer more favourable tax treatment. See also deep… …
87Conversion premium or discount — A ratio, expressed as a percentage, of a convertible bond s market value to its conversion value (i.e. its value if converted into equity). A premium occurs when the conversion value of the security is lower than the market value. A discount… …
88sour bond — A bond issue that has defaulted on interest or principal payments, and will thus trade at a large discount and a poor credit rating. Bloomberg Financial Dictionary …
89zero-coupon bond — noun a bond issued at a deep discount but paying no interest …
90zero-coupon bond — /ˌzɪərəυ ku:pɒn bɒnd/ noun a bond which carries no interest, but which is issued at a discount and so provides a capital gain when it is redeemed at face value …
