See also international reply coupon. Also assume that the pricing kernel equals 0. Take the same example as given in definition.
Opinion zero coupon bond traduction
Unlike most bonds, a deferred interest bond does not make periodic coupon payments over its lifetime.
A discounted bond is the opposite.
However, if you plan to hold the bond to maturity, a lack of liquidity is not a problem. Another smart move is with zero coupon bonds , which don't yield interest directly to you, but instead accrue value over time.
New Words algocracy noun May 27, He is passionate about keeping and making things simple and easy. When purchasing something is not quite possible or desired the option for many individuals and companies comes down to leasing or renting.