أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
issued at discount and redeemed at par at maturity time
3. are always issued at a discount. A zero coupon bond is a debt security that doesn't pay interest ( a coupon) but is traded at a deep discount, rendering profit at maturity when the bond is rendered for its full face value.