An accrual bond is a fixed-interest bond that is issued at its face value and erepaid at the end of the maturity period together with the accrued interest.[1] However, another definition states that the interest periods maybe paid periodically.[2]

In Germany, the accrued interest is compounded.[3]

In contrast to zero-coupon bonds, accrual bonds have a clearly stated coupon rate.

See also

The dictionary definition of Accrual bond at Wiktionary

References

  1. ^ "Accrual bond Definition". Nasdaq. Retrieved 2025-02-27.
  2. ^ Chen, James (2007-06-13). "Accrual Bond: What It Means, How It Works". Investopedia. Retrieved 2025-02-27.
  3. ^ "Accrual bond". Gruppe Deutsche Börse. 2018-11-22. Retrieved 2025-02-27.
Allikas: http://en.wikipedia.org/wiki/Accrual_bond
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