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strip bond | obligation coupons détachés; obligation démembrée |
A conventional bond that has been separated by an investment dealer into its principal and interest components (i.e., the bond residual and the coupons), which are then sold separately to investors at a discounted value. SEE ALSO zero-coupon bond |
Obligation classique dont la composante « principal » (l'obligation résiduelle) a été séparée de la composante VOIR AUSSI obligation coupon zéro |
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