zero-coupon bond

(redirected from Capital Appreciation Bonds)
Also found in: Dictionary, Financial.
Related to Capital Appreciation Bonds: Zero Coupon Bonds
  • noun

Synonyms for zero-coupon bond

a bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond

References in periodicals archive ?
Dale filed a bill this week aimed at restricting how school districts can issue capital appreciation bonds.
The bonds are structured as capital appreciation bonds that convert to pay interest on a semi-annual basis commencing March 1, 2017.
10,670,013 series 2006B first subordinate capital appreciation bonds due June 1, 2046 downgraded to 'B-sf' from 'BB-sf'; removed from Negative Watch and assigned a Negative Outlook;
The 2005A, 2005B, and 2008B capital appreciation bond (CAB) are also being affirmed at 'BBB', 'BBB-', and 'B+', respectively; however, the model output for these bonds corresponds to ratings one notch lower than the current ratings and they may be downgraded depending on the amount of the 2011 MSA payment received.
15, 2000-2002, and $4,813,000 premium capital appreciation bonds (CABs), maturing Feb.
Specifically, some long-term turbo bonds and many capital appreciation bonds are at risk for a downgrade, mostly in the range of one to three notches.
NEW YORK -- Fitch Ratings assigns a rating of 'AA-', with a Negative Rating Outlook to the Deutsche Bank Custodial Receipts, Series DBE-330A-E, relating to Manteca Unified School District, County of San Joaquin, California General Obligation Bonds, Election of 2004, Series 2006 Capital Appreciation Bonds (Non-AMT) (underlying bond).
The capital appreciation bonds (CABs) including the convertible CAB are downgraded to the 'B' category, reflecting the higher breakeven increase produced by the model and the longer tenor.
Series 1996A current interest bonds will be due June 1, 1999-2013, with capital appreciation bonds due semi-annually Dec.
NEW YORK -- Fitch Ratings assigns a rating of 'AA-' with a Negative Rating Outlook to the Deutsche Bank Custodial Receipts, series DBE-288A, DBE-288B, and DBE-288C relating to Metropolitan Pier and Exposition Authority (Illinois) McCormick Place Expansion Project refunding bonds, series 2002A capital appreciation bonds (underlying bond).
NEW YORK -- Fitch Ratings assigns a rating of 'AA-' with a Negative Rating Outlook to the Deutsche Bank Custodial Receipts, series DBE-453 and DBE-476, relating to Metropolitan Pier and Exposition Authority (Illinois) McCormick Place Expansion Project refunding bonds, series 2002A capital appreciation bonds (underlying bond).
The series 1996 bonds are structured as $35,850,000 current interest bonds maturing August 1, 1996-2015 and $13,650,000 serial capital appreciation bonds maturing August 1, 2016-2024.
The bonds are expected to include current interest serials and terms as well as capital appreciation bonds but the maturities and call provisions are not yet determined.
Full browser ?