An accrual bond is a fixed-
interest bond
Bond or bonds may refer to:
Common meanings
* Bond (finance), a type of debt security
* Bail bond, a commercial third-party guarantor of surety bonds in the United States
* Chemical bond, the attraction of atoms, ions or molecules to form chemical ...
that is issued at its face value and repaid at the end of the maturity period together with the accrued interest. In
Germany, the accrued interest is compounded. In contrast to
zero-coupon bonds, accrual bonds have a clearly stated
coupon rate
In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product.
Customarily, coupons are issued by manufacturers of consumer packaged goods
or by retailers, to be used in r ...
.
See also
Bonds (finance)
{{investment-stub