A zero coupon government bond refers to the central government bond which pays no interests before its maturity. It is issued at a discount on its par value and redeemed at par on the maturity date. The difference between the discounted issue price and the par value can be considered as the interest paid to the investors. There have been two issues of zero coupon government bonds, issued in October and November 1995, respectively. [4]
A zero coupon government bond refers to the central government bond which pays no interests before its maturity. It is issued at a discount on its par value and redeemed at par on the maturity date. The difference between the discounted issue price and the par value can be considered as the interest paid to the investors. There have been two issues of zero coupon government bonds, issued in October and November 1995, respectively. [4]
英文名詞: Separate Trading of Registered Interest and Principal of Securities (STRIPS) | 負責單位: 國庫局 | 中文解釋: 分割公債係指可分割公債之本金及各期利息經分割後所產生可各自獨立交易之零息公債,分為「分割利息公債」及「分割本金公債」。同一到期日之「分割利息公債」視為同一公債,可互相替代,公債代碼均相同。分割公債之登...
英文名詞: Separate Trading of Registered Interest and Principal of Securities (STRIPS) | 負責單位: 國庫局 | 中文解釋: 分割公債係指可分割公債之本金及各期利息經分割後所產生可各自獨立交易之零息公債,分為「分割利息公債」及「分割本金公債」。同一到期日之「分割利息公債」視為同一公債,可互相替代,公債代碼均相同。分割公債之登...