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Zero or low coupon bonds

• Bonds issued with no (zero) or very low coupon rates and sold at a large discount from par. Canada Customs and Revenue Agency (CCRA) deems the apparent capital gains on such bonds as interest income.

 
 

Follow this link for all the terms related to bondbonds.

 
 Embedded terms in definition
 Agency
Capital gain
Capital
Coupon rate
Coupon
Discount
Income
Interest
Par
 
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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

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