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Z or accrual bond

• Is a security which has accretion characteristics. Its balance grows much in the sense of a zero coupon bond, however it is subject to prepayments or other events.

 
 

Follow this link for all the terms related to bond.

 
 Embedded terms in definition
 Bond
Coupon bond
Coupon
Its
Prepayments
Security
Subject
Zero coupon bond
 
 Related Terms
 

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