Zero Coupon Bond Semiannual Calculator
Introduction & Importance
Zero coupon bonds are a unique type of bond that does not pay interest. Instead, they are sold at a deep discount to their face value and redeemed at maturity for the full face value. The zero coupon bond semiannual calculator is an essential tool for investors to determine the cash flows of these bonds.
For more information on zero coupon bonds, visit the Investopedia guide or the U.S. Department of the Treasury’s FAQs.