zero coupon bond

(redirected from Discount bonds)
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Related to Discount bonds: Deep Discount Bonds
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.zero coupon bond - a bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bondzero coupon bond - 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
governing, government activity, government, governance, administration - the act of governing; exercising authority; "regulations for the governing of state prisons"; "he had considerable experience of government"
corp, corporation - a business firm whose articles of incorporation have been approved in some state
bond certificate, bond - a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
zero coupon security, zero-coupon security - a security that makes no interest payments but instead is sold at a deep discount from its face value
References in periodicals archive ?
The EXIM-Bank bonds sold this time are one-year discount bonds with the par value at RMB 100.
Argentina's Discount bonds due 2033 were little changed at a bid price of 80.
The default rating will remain until Argentina makes a payment on the discount bonds, S&P said.
Argentina deposited $539 million in the indentured trustee Bank of New York Mellon's account at the Central Bank of Argentina before a June 30th coupon payment on the restructured 2033 Discount bonds.
On Argentina's local over-the-counter market, benchmark Discount bonds rose 1.
12) In the absence of this rule, taxpayers could enter into debt-financed purchases of market discount bonds and shelter income by coupling (currently deductible) interest payments with (tax deferred) market discount.
As a result, there is substantial uncertainty on the treatment of market discount bonds upon the occurrence of a default.
67bn after buying back at a discount bonds with a face value of EUR3.
Dollar-Denominated Global Bonds due 2012 (the "2012 Bonds") (the "2012 Bonds Invitation") and of its Past-Due Interest Bonds due March 2017 (the "PDI Bonds"), Front-Loaded Interest Reduction Bonds due March 2017 (the "FLIRB Bonds"), Floating Rate Bonds due 2027 (the "Discount Bonds") and the Fixed Rate Bonds due 2027 (the "Par Bonds" and, together with the PDI Bonds, the FLIRB Bonds and the Discount Bonds, the "Brady Bonds") (the "Brady Bonds Invitation").
31, 2003, for those who opt for par and discount bonds.
Rather than wait for future tobacco-related revenues to materialize, a number of governments have sought immediate access to at least some of these resources by persuading investors to purchase at a discount bonds secured by anticipated future collections.