What is the meaning of Deep-discount bond?

Deep-discount bond is a bond issued with a very low coupon or no coupon that sells at a price far below par value. A bond that has no coupon is called a zero-coupon bond.

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APABarry Goldsmith. (2010). deep-discount bond. Retrieved September 22, 2026, from http://smartdefine.org/deep-discount_bond/definitions/1151669
ChicagoBarry Goldsmith. 2010. "deep-discount bond" http://smartdefine.org/deep-discount_bond/definitions/1151669 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, deep-discount bond, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/deep-discount_bond/definitions/1151669>.
MLABarry Goldsmith. "deep-discount bond" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/deep-discount_bond/definitions/1151669>