In addition, investors are offered zero-coupon bonds, which pay no interest.

Some zero-coupon bonds, which pay no current interest, fell by much greater amounts.

The California program will sell zero-coupon bonds, which do not pay any interest until they mature.

They would also permit zero-coupon bonds, which didn't exist before.

The yield to maturity of a zero-coupon bond is a certain thing.

Argentina has until April 30 to purchase the zero-coupon bonds.

"In large part, that is due to record purchases of zero-coupon bonds."

Zero-coupon bonds, which defer interest until a future date, were again strong.

Underwriters said the issue includes zero-coupon bonds that pay no interest.

Because zero-coupon bonds do not pay periodic interest, the issues trade at a deep discount.

There are also some noncallable zero-coupon bonds with longer terms.

Half this debt is in the form of zero-coupon bonds, which do not begin making interest payments until next April.

The best performers among the Treasury funds have been long-term zero-coupon bonds.

An additional 20 percent of the bills will be exchanged for Russian zero-coupon bonds.

That is because they would be "zero-coupon bonds," which pay no interest during their lifetime but return full face value at maturity.

The advantage to Mexico is that zero-coupon bonds initially cost only a fraction of their face value.

The expectation is that the zero-coupon bonds will be maintained in the new financing.

Such forward trades are normal procedure in much of the Government bond market, including zero-coupon bonds.

Typically, zero-coupon bonds pay no monthly interest and are sold at a discount to face value.

What you have left is a zero-coupon bond and a separate bunch of coupons.

For a zero-coupon bond, duration equals the term to maturity.

A zero-coupon bond pays a certain amount of money when it matures.

Therefore, Mexico can buy these zero-coupon bonds with a face value of $10 billion for only $2 billion at this time.

In addition, the financing includes zero-coupon bonds with maturities from 2004 through 2008.

The financing also includes zero-coupon bonds with maturities running from 2003 to 2012.