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t. e. A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. [1] Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond. When the bond reaches maturity, its investor receives its par (or face) value.
The Wheel of Time is a series of high fantasy novels by American author Robert Jordan, with Brandon Sanderson as a co-author for the final three installments. Originally planned as a six-book series with the publication of The Eye of the World in 1990, The Wheel of Time came to span 14 volumes, in addition to a prequel novel and three companion ...
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In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...