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t. e. A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. [1] Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond. When the bond reaches maturity, its investor receives its par (or face) value.
The Empire of Japan, [c] also referred to as the Japanese Empire, Imperial Japan, or simply Japan, was the Japanese nation-state [d] that existed from the Meiji Restoration in 1868 until the enactment of the reformed Constitution of Japan in 1947. [8] From 29 August 1910 to 2 September 1945, the Empire of Japan included present-day Japan, Kuril ...
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...