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• n  a bond issued with detachable coupons that must be presented to the issuer for interest payments

• bearer bond

News & Articles

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• All About Zero Coupon Bonds
  Zero-coupon bonds are bonds that do not make any interest payments (which investment professionals often refer to as the "coupon") until maturity. For investors, this means that if you make an ...
  June 25, 2013 - Investopedia via Yahoo! Finance