Examlex
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Zero-coupon Bonds
Bonds that are issued at a discount to their face value and do not pay interest during their life but are redeemed at full face value at maturity.
Coupon Rate
Yearly rate of interest on a bond, indicated as a percentage of its face value.
Maturity Bond
A fixed-income security that repays the principal along with interest at the end of a specified period.
Forward Interest Rate
A future rate agreed upon for a financial transaction or investment that will be carried out at a later date.
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