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UBS Dictionary of Banking
Ze
ZEBRAS / ZEBRAS / ZEBRAS / ZEBRAS
Abbreviation for Zero Coupon Eurosterling Bearer or Registered Accruing Securities. Stripped UK GBP-denominated government bonds. See also zero bond, coupon stripping.
zero bond / Nullcoupon-Anleihe / obligation à coupon zéro / obbligazione zero coupon
Also: zero-coupon bond. Bond that makes no regular interest payment during its lifetime. Instead it is issued at a discount against full repayment at maturity. Zero bonds have been issued on the US capital market since 1981, but have also established a foothold in other major capital markets as an alternative to interest-bearing bonds.
TopZu
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| With approximately 150 analysts working all around the world UBS Wealth Management Research provides research, investment advice and strategy for clients and staff of UBS Wealth Management & Business Banking. It develops … | | | | | |
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| The latest edition of our handy statistical folder gives more than 1,600 facts and figures on the Swiss economy and each of the cantons plus an international overview of key data. It provides figures regarding the population, employment, the financial situation, indebtedness, tax levels, and a broad range of figures on the economy and living standards. | | | | | |
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