Zero-coupon bonds are issued at a deep discount and they repay the par value at maturity. The difference between the purchase price and the par value is the investor's return. What Is a Zero ...

A bond yield is the return an investor realizes on a bond. Put simply, a bond yield is the return on the capital invested by an investor. Bond yields are different from bond prices—both of which ...

The Offer Purchase Prices were calculated using the market standard bond pricing formula as of the Settlement Date using the relevant Purchase Yield, the coupon of the relevant Taxable Target Bond ...