Sentences with phrase «bonds at a steep discount»

Not exact matches

Zero coupon bonds are sold at a steep discount from the face value amount that is returned at maturity.

This type of bond (also called an «accrual bond») doesn't make coupon payments but is issued at a steep discount.

Again, this won't turn out like the SIV problem, where bank sponsors of SIVs are taking bonds onto their balance sheets at steep discounts.