from The American Heritage® Dictionary of the English Language, 4th Edition

  • adj. Paying no interest to the holder until maturity or sale: a zero-coupon bond.


Sorry, no etymologies found.


  • The proposal, which emerged from a meeting Friday of French banks, has echoes of the Brady Plan of the late 1980s, where U.S. Treasury zero-coupon bonds were purchased to provide guarantees of repayment at maturity by government borrowers in Latin America.

    Push for Private Help for Greece

  • An additional 20% of proceeds from the maturing debt would be invested in top-quality zero-coupon bonds, which pay no annual interest but increase in value yearly.

    Details Emerge on Greek Debt Proposals

  • Apart from paying interest on its own bonds under the first option, Greece would in effect have to pay the economic costs of financing the 20% invested in zero-coupon bonds, adding to its debt-servicing costs.

    Details Emerge on Greek Debt Proposals

  • Under the only scenario that investors are likely to accept, a little more than half of the face-value of a €100 bond would be redeemed for cash and a triple-A, sovereign, zero-coupon bond.

    The French Deception

  • For instance, under option one, the interest payments discounted at 9% are worth 46.3% of par, while the 30-year zero-coupon bond is worth 32.7%, giving a price of 79% of face value, Barclays Capital notes.

    Investors' Big Fat Greek Choice

  • For options one through three, principal repayment is guaranteed by a zero-coupon 30-year bond issued by a triple-A borrower.

    Investors' Big Fat Greek Choice

  • Let's not worry our bald heads with things like zero-coupon bonds and the rest.

    "Everyman Paulson might leave if he doesn't get his way" (Jack Bog's Blog)

  • If this were used to buy zero-coupon bonds, as under the July 21 deal, then it might protect 80% of the principal of any new bonds, according to Barclays Capital.

    Big Euro-Crisis Question Has Still to Be Answered

  • For example, one investment that was listed in the fund's books as a zero-coupon bond was in fact something completely different—a derivative tied to the value of various stocks in China and South America, KPMG concluded.

    A Glimpse Inside Libya's Finances

  • An additional 20% of proceeds would be invested in top-quality zero-coupon bonds, effectively guaranteeing repayment of the capital after 30 years.

    German Banks Agree to Greek Aid Deal


Log in or sign up to get involved in the conversation. It's quick and easy.