Sentences with phrase «bonds at a deep discount»
Money managers at Goldman Sachs bought $ 2.8 billion face value of Petroleos de Venezuela bonds at a deep discount last week, attracting the ire of critics of President Nicolás Maduro.
https://www.nytimes.com/
Instead, investors buy zero coupon bonds at a deep discount from their face value, which is the amount a bond will be worth when it «matures» or comes due.
Not exact matches
Series EE savings bonds are different in that they are issued at a deep discount from face value and pay no annual interest because it accumulates within the bond itself, and the interest is paid out when the bond matures.
A bond is considered a deep - discount bond if it is sold at a significantly lower price than par value, usually 20 % or more.
Hence, a deep discount US bond, selling at a price of 75.26, indicates a selling price of $ 752.60 per bond sold.
Treasury Income Growth Receipts; U.S. Government - backed bonds that have been stripped of their coupons and sold at a deep discount; discontinued in 1986 when replaced by treasury STRIPS
Zero coupon bond - a bond that pays no interest during the life of the bond, but is instead sold at a deep discount from its value at maturity
A bond which pays no coupons, is sold at a deep discount to its face value, and matures at its face value.