Deep Discount Bonds

This query is : Resolved 

28 February 2009 What is the meaning of Deep Discount Bonds?

I saw this while studying TDS. But i dont know what the Deep Discount Bond is.

Please clarify me

28 February 2009 Pl visit http://www.investopedia.com/terms/d/deepdiscountbond.asp for a basic idea on the subject.

28 February 2009 Dep discount bonds are issue at a very low prices i.e. at a very large discount and refunded at par


28 February 2009 thank you.



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