Zero Coupon Bond(Lingxi zhaiquan)icaidao Financial Dictionary:A bond that pays no coupon but is issued at a deep discount to face value. The difference between the issue and redemption prices creates a capital gain that boosts the effective yield close to market levels. As it does not pay a coupon, investors do not run the risk of reinvesting interest paid at a lower rate if interest rates fall during the life of the bond. There may also be tax advantages to an investor from taking a one-off capital gain rather than a stream of income from coupon payments. Also been to China stocks, China Business News, IPO, please visit icaidao official website, you can also log on the stock Wikipedia More Stock News. icaidao's financial Wikipedia is the Chinese Internet Encyclopedia First Financial. web:http://wiki.icaidao.com Solemnly declare: icaidao published in this article aims to disseminate more information, does not guarantee its accuracy, reliability, and validity, please investors, for reference only and does not constitute investment advice. Accordingly, investors operate your own risk！ |
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Internet Finance first information platformicaidao contained in the article, the data for reference purposes only and does not constitute investment advice, before use to verify your own risk。