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Glossary > Z > "Zero-coupon bond" Definition

Zero-coupon bond

A bond in which no periodic coupon is paid over the life of the contract. Instead, both the principal and the interest are paid at the maturity date.

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Zero-coupon bond \ A bond in which no periodic coupon is paid over the life of the contract. Instead, both the principal and the interest are paid at the maturity date.

Zero-coupon bond / a bond in which no periodic coupon is paid over the life of the contract. instead, both the principal and the interest are paid at the maturity date.