Business, Legal & Accounting Glossary
noun a bond where the interest is not paid immediately, but only after a specific date a bond where the interest is not paid immediately, but only after a specific date
A deferred interest bond, also known as a deferred coupon bond, is a debt instrument that pays all of its accrued interest in one lump sum at a later date rather than in monthly instalments.
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This glossary post was last updated: 7th January, 2022 | 0 Views.