Examlex
Identify the incorrect statement.
Samurai Bonds
Bonds issued in Japan by foreign entities, denominated in Japanese yen.
Synthetically Created
Created or manufactured using a combination of elements and processes to replicate or improve upon a natural product or financial instrument.
Zero-Coupon Bonds
Bonds that do not pay periodic interest payments and are issued at a deep discount, maturing at face value.
STRIPS
Separate Trading of Registered Interest and Principal Securities, a type of U.S. government security that allows the separate trading of interest and principal components.
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