zero coupon bond

English

Noun

zero coupon bond (plural zero coupon bonds)

(finance) 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 discount to its face value. The rate of return to the holder is derived from the gradual appreciation as the security moves toward maturity.

Translations

bond that has no coupon

Czech: zerobond (cs) m
Finnish: nollakuponkilaina (fi)

German: Nullkuponanleihe (de), Zerobond (de) m
Swedish: nollkupongobligation c, nollkupongare c

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