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单词 accrual bond
释义

accrual bond

Definition
Long-term (20 to 25 years) US corporate bond that does not pay periodic interest but instead accrues it until maturity and, although similar to a zero-coupon bond, has a specified coupon (interest) rate. Also called accretion bond or z-bond.
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更新时间:2025/3/10 14:26:37