WHAT DOES DEEP-DISCOUNT BOND MEAN IN ENGLISH?
Definition of deep-discount bond in the English dictionary
The definition of deep-discount bond in the dictionary is a fixed-interest security that pays little or no interest but is issued at a substantial discount to its redemption value, thus largely substituting capital gain for income.
10 ENGLISH BOOKS RELATING TO «DEEP-DISCOUNT BOND»
Discover the use of
deep-discount bond in the following bibliographical selection. Books relating to
deep-discount bond and brief extracts from same to provide context of its use in English literature.
Pure discount bonds are called deep-discount bonds or zero- interest bonds of
zero-coupon bonds. Industrial Development Bank of India (IDBI) was the first to
issue a deep-discount bond in India in January 1992. The bond of a face value of
...
2
Developing Government
Bond Markets: A Handbook (EPub)
In some 187 countries, a capital gains tax—usually at a lower rate than ordinary
income tax—is payable on the yield from a deep discount bond. In this case,
investors could benefit from differences in the tax treatment of deep discount
bonds ...
International Monetary Fund, 2001
(Contd) 18.0 ZERO COUPON BOND OR DEEP DISCOUNT BOND 18.1 Meaning
of Zero Coupon Bond A Zero Coupon Bond is one which does not carry a pre-fix
specified rate of interest and is issued at substantial discount. The difference ...
4
Developing Government
Bond Markets: A Handbook
... yield from a deep discount bond. In this case, investors could benefit from
differences in the tax treatment of deep discount bonds and conventional bonds.
However, most OECD countries treat the discount on issue as interest income
and as ...
5
Merchant Banking, Principles And Practice
IDBI has issued a deep discount bond in 1992. In 1996 again it has issued deep
discount bond along with an easy exit bond with a floating interest rate, a regular
income bond and discounted retirement bonds which offer annuity as well as ...
6
OECD Glossary of Statistical Terms
Context: Zero-coupon, and deep-discount bonds, have four particular
advantages for investors: ○ There may be some tax advantage in receiving a
capital gain rather than an income payment; ○ There is no or little (deep-
discount bond) ...
Important Innovations Deep Discount Bonds A deep discount bond does not
carry any coupon rate but is issued at a steep discount over its face value. It is
also referred to as a 'zero interest (coupon) bond' or just a 'zero'. For example, the
...
Prasanna Chandra, Prasanna, 2011
8
Introduction to Project Finance: An Analytical Perspective
The other view is that in each of the year's the interest should be identified and
taxed, but the bond does not carry a coupon. Finally, liablity to capital gains has
to be addressed. IDBI has issued a deep discount bond in 1992. In 1996 again it
...
9
Finance and Investment Handbook
DEEP DISCOUNT BOND bond selling for a discount of more than about 20%
from its face value. Unlike a current coupon bond, which has a higher interest
rate, a deep discount bond will appreciate faster as interest rates fall and drop
faster as ...
John Downes, Jordan Elliot Goodman, 2003
10
Kiplinger's Personal Finance
It's called a deep discount bond, and you can buy one by getting in touch with
your broker. A discount bond sells for a price below the face value at which the
issuing company or governmental agency will ultimately redeem it from the
owner.
