Coupon bonds

Bonds that do not pay interest are called zero coupon bonds.

不付息的债券叫做零息债券.

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However it expressly does not prevent delivery of convertible or zero - coupon bonds.

然而,它并未明确排除可转换交割或零息债券.

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Investors, typically hedge funds, buy high - coupon bonds that are often divided into tranches.

投资者, 通常是对冲基金, 购买这种分为不同部分的高利率债券.

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