passive bond

英 美
  • 无息债券
  • bond n.债券;结合;协定;联系;情谊;黏合剂vt.使结合;为...作保vi.连结;粘合
  • passive adj.被动的;消极的n.被动性
    1. As it does not pay a coupon, investors do not run the risk of reinvesting interest paid at a lower rate if interest rates fall during the life of the bond.
      因零息债券到期前不支付利息,投资人无须面对利息所得再投资的收益率下跌的风险。