Wiki zero coupon bond Types of Fixed Income Securities

Wiki zero coupon bond, breaking down 'zero-coupon bond'

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Note that it is not an accurate reflection of annual return, because the market price is subject to change. The net proceeds that the issuer receives are thus the issue price, less issuance fees. Typically, an issuer that is more credit worthy will be able to obtain a lower yield for its bonds.

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Quantitative Finance Bond Pricing. The origin of the term "coupon" is that bonds were historically issued in the form of bearer certificates.

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