A zero coupon bond unlike regular bonds do not pay interest over its life span. Instead these bonds are issued at a lower rate than their face value. At the end of the life of the bond the holder will receive the full face value of the bond. Continue reading →

Zeros is a shorten term to relate to zero dividend preference shares. These share are just the same as any other preference share with one main difference, unlike ordinary preference shares they do not pay dividends. Continue reading →