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 Glossary   >   D   >   "Deep-discount bond" Definition   

        Deep-discount bond

A bond issued with a very low coupon or no coupon and selling at a price far below par value. When the bond has no coupon, it is called a zero coupon bond.

Deep-discount bond


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Deep-discount bond - A bond issued with a very low coupon or no coupon and selling at a price far below par value. When the bond has no coupon, it is called a zero coupon bond.


Deep-discount bond : a bond issued with a very low coupon or no coupon and selling at a price far below par value. when the bond has no coupon, it is called a zero coupon bond.