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What is a zero-coupon CD?

In Banking - Cds - Asked by Admin - 8 months ago

A zero-coupon CD allows you to buy the CD at a discount to par value which is what you receive when the CD matures.

Answered by Admin - 8 months ago


Tags: banking, banks, cd, banking cd, zero coupon cd, what is a zero-coupon cd?

Related Questions


Can I only buy a CD at a bank?

In Banking - Cds - Asked by Admin - 8 months ago

How is interest calculated on a CD?

In Banking - Cds - Asked by Admin - 11 months ago

What is the currency of Reunion?

In Banking - Currency - Asked by Admin - 10 months ago

If you have cash sitting in the bank and are scared to invest it into something or have a reason not to invest a CD might be a good option. CDs are a way to make a higher percentage from the bank each year. CDs come in different time periods and rates. If you have questions about CDs or need the answer to questions like "what is a zero-coupon cd?" Zuuply.com can answer them or you can browse our archives.



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