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Z bond - Meaning

Also known as an accrual bond or accretion bond; a bond on which interest accretes interest but is not paid currently to the i nvestor but rather is accrued, with accrual added to the principal balance of the Z and becoming payable upon satisfaction of all prior bond classes.

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Z bond
EOUs
Exchange risk
Zero uptick
Equivalent annual benefit
Zero-balance account (ZBA)
European Monetary System (EMS)
Effective margin (EM)
Exposure Profile
Expropriation
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