Q. Which among the following is a Zero coupon bond? 1. T-bill 2. Cash Management bill 3. Certificate of deposit Choose the correct option from the choices given below: Answer:
1, 2 and 3 only
Notes: The following is a Zero-coupon bond: 1. T-bill 2. Cash Management bill 3. Certificate of deposit They are issued at a discount price and redeemed at par. so they are Zero-coupon bond as they dont pay interest data.