无息债券 (Zero Coupon Bond) 是指债券无附设任何利息回报，发行机构以债券票面值在到期日偿还债券本金，故无息债券市价必定给予较票面值较大折让。基本定义 无息债券是指采用以复利计算的一次性付息方式付息的债券。无息债券又称“无息票债券”。按面值折扣发行，到期按面值十足还本的债券。主要被那些因此可以免缴...
零息债券(Zero-Coupon Bond)是一种不支付期间利息、以低于面值的价格发行、到期按面值偿还的债券,投资者的收益源于购买价格与到
zero coupon bond计算公式 零息债券(Zero-coupon bond)是一种特殊的债券,其特点是不支付利息,而是在到期时以面值回售。其面值的计算公式为: 面值=到期时回收金额/(1+无风险利率)^持有年限 其中,到期时回收金额是指零息债券到期时所能获得的金额;无风险利率是指无风险投资的收益率,通常选择政府债券的收益率作为...
A zero-coupon bond is a bond that pays no interest and trades at a discount to its face value. It is also called a pure discount bond or deep discount bond. U.S.Treasury billsare an example of a zero-coupon bond. Summary A zero-coupon bond is a bond that pays no interest. The b...
zero coupon bond计算 零息债券计算是指通过计算零息债券的未来现金流量和当前市场利率,估算零息债券的价格。零息债券是一种不支付利息,到期后以面值支付本金的债券。以下是零息债券计算的具体步骤: 1.确定零息债券的未来现金流量。由于零息债券不支付利息,其未来现金流量仅包括到期时支付的本金。 2.确定当前市场...
Zero-Coupon Bond Value =Maturity Value/(1+i)^ Number of Years Examples Now that we understand the basics ofzero coupon bond prices,its formula and basic ideology, let us apply them to a couple of examples to widen our rnage of understanding of the concept and its related factors. ...
Zero Coupon Bond A bond that is issued and sold at a discount, pays no coupons and provides payment of the face value at maturity. 零息债券打折出售的到期不支付利息只支付面值的债券。 wenku.baidu.com 2. There are two kinds of methods for deduction of zero coupon bond yield curve: direct ...
Zero Coupon Bond A bond that is issued and sold at a discount, pays no coupons and provides payment of the face value at maturity. 零息债券打折出售的到期不支付利息只支付面值的债券。 wenku.baidu.com 2. There are two kinds of methods for deduction of zero coupon bond yield curve: direct ...
Zero-coupon bond 【中文】 零息票债券 【详解】 零息债券是一种债务工具,其特点是在整个存续期间不支付任何利息(票息),而是在到期时一次性偿付本金(即面值)。这种债券通常以低于面值的价格发行,其投资收益来自于购买价格与到期偿还面值之间的差额。 特点 ...
Zero-Coupon Bond Formula The formula for calculating the yield to maturity on a zero-coupon bond is: Yield To Maturity=(Face ValueCurrent Bond Price)(1Years to Maturity)−1Yield To Maturity=(Current Bond PriceFace Value)(Years to Maturity1)−1 ...