Accrual bond
Accrual bond - Definition It is also known as zero-coupon bond. The bond accrues interest and is redeemable upon the Maturity of the bond. The advantage of accrual bond there is no reinvestment Risk , but the disadvantage is that there is no chance to enjoy the effect of increase
What is Accrual bond?
Accrual bond - Definition It is also known as zero-coupon bond. The bond accrues interest and is redeemable upon the Maturity of the bond. The advantage of accrual bond there is no reinvestment Risk , but the disadvantage is that there is no chance to enjoy the effect of increase
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