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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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