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The yield is also known as the coupon; in the case of zero-coupon bonds, the financial advantage to investors is that they can purchase bonds at a lower face value.

It will then convert zero-coupon swaps on July 3 along with any U.S.

Traders are also seeing demand for derivatives that offer inflation protection such as zero-coupon inflation swaps, in which a fixed rate payment on an investment is exchanged for a payment at the rate of inflation.

I bought Series E zero-coupon bonds that matured in 10 years, and I was promised that I’d get a 33% return at maturity.

Q: What are zero-coupon bonds?