A zero
coupon bond issued by a corporation or the U.S. Treasury is also taxable, unlike those offered by a municipal issuer.
Not exact matches
He shares the consensus view that the 30 - year bull market in
bonds is now spent and recommends buying floating - rate notes
issued by corporations that reset their
coupon according to market rates every three or six months.
a debt security
issued by a private
corporation; interest is taxable and is generally paid according to a
coupon rate set at the time the
bond is
issued; generally have a face value of $ 1,000 and a specific maturity date
The three largest categories of zero
coupon securities available are zero
coupon Treasury
bonds, zero
coupon corporate
bonds and zero
coupon municipal
bonds, which are
issued by the U.S. Treasury,
corporations, and state and local government jurisdictions, respectively.
A zero -
coupon issued by a
corporation which can be converted into that
corporation's common stock at a certain price, or a zero -
coupon bond issued by a municipality which can be converted into an interest - bearing
bond under certain circumstances.