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The Use of Deep Discount and Zero Coupon Bonds in the UK Property Market – 2

Journal of Property Finance

ISSN: 0958-868X

Article publication date: 1 August 1991

Abstract

Notes there has been a growing awareness of the need to introduce hybrid financial instruments to the property financing market including deep discount, zero coupon and stepped bonds (DDBs). Considers what terms are typically available and where and how they may be applied. Concludes that the rewards which flow from the use of DDBs can be significant in terms of running yield and redemption value and, if they are traded in the Euro or domestic market, may be considered liquid.

Keywords

Citation

Shayle, A. (1991), "The Use of Deep Discount and Zero Coupon Bonds in the UK Property Market – 2", Journal of Property Finance, Vol. 2 No. 2. https://doi.org/10.1108/09588689110032956

Publisher

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MCB UP Ltd

Copyright © 1991, MCB UP Limited