A bond that pays small coupons over its life, but requires a large payment of principal atmaturity. This bond, therefore, allows…

A bond that pays a small interest rate over its life, but requires a large payment of principal at maturity.…

A bond that pays small coupons over its life, but requires a large payment of principal at maturity. This bond, therefore, allows…

A bond trading strategy in which profits are made by changing yield spreads among different sectors of the bond market....