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词汇 zero-coupon
释义

Definition of zero-coupon in US English:

zero-coupon

adjective
  • Relating to a debt obligation that pays no interest to the holder until it reaches maturity or is sold.

    volatile zero-coupon bonds pay no interest but are issued of a discount to face value
    Example sentencesExamples
    • Tomson will issue zero-coupon convertible bonds to raise US $50 million, through Deutsche Bank.
    • One issuer was Lennar Corp., which decided on a zero-coupon co-co in early April.
    • Verizon Communications issued a $3 billion zero-coupon convertible bond.
    • We find the derived zero-coupon credit spreads to be more volatile than risk-free rates.
    • Techtronic raised US $140 million with a zero-coupon convertible bond in June.
    • One example is the auto and truck industry, where marketing is focused on zero-coupon financing and cash givebacks.

Definition of zero-coupon in US English:

zero-coupon

adjective
  • Relating to a debt obligation that pays no interest to the holder until it reaches maturity or is sold.

    volatile zero-coupon bonds pay no interest but are issued of a discount to face value
    Example sentencesExamples
    • Techtronic raised US $140 million with a zero-coupon convertible bond in June.
    • One issuer was Lennar Corp., which decided on a zero-coupon co-co in early April.
    • Verizon Communications issued a $3 billion zero-coupon convertible bond.
    • One example is the auto and truck industry, where marketing is focused on zero-coupon financing and cash givebacks.
    • Tomson will issue zero-coupon convertible bonds to raise US $50 million, through Deutsche Bank.
    • We find the derived zero-coupon credit spreads to be more volatile than risk-free rates.
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