In financial markets, STRIPS are also classified as
A. treasury KIBOR notes
B. treasury KIBOR bonds
C. treasury zero coupon bonds
D. treasury LIBOR bonds
Answer: Option C
Solution (By Examveda Team)
In financial markets, STRIPS are also classified as treasury zero coupon bonds. A zero-coupon bond is a debt security that does not pay interest but instead trades at a deep discount, rendering a profit at maturity, when the bond is redeemed for its full face value.This Question Belongs to Management >> International Finance And Treasury
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