Finance:Accrual bond
From HandWiki
This article appears to be a dictionary definition. |
An accrual bond is a fixed-interest bond that is issued at its face value and repaid at the end of the maturity period together with the accrued interest.[1] However, another definition states that the interest periods maybe paid periodically.[2]
In Germany, the accrued interest is compounded.[3]
In contrast to zero-coupon bonds, accrual bonds have a clearly stated coupon rate.
See also
References
- โ "Accrual bond Definition". https://www.nasdaq.com/glossary/a/accrual-bond.
- โ Chen, James (2007-06-13). "Accrual Bond: What It Means, How It Works". https://www.investopedia.com/terms/a/accrual_bond.asp.
- โ "Accrual bond". 2018-11-22. https://www.deutsche-boerse.com/dbg-en/about-us/contact/glossary/glossary-article/Accrual-bond-248822.
