In bonds, spot rates make reference to the interest rates prevailing at a specific place in time when addressing zero-coupon bonds. Zero-coupon bonds are set-interest securities that don't make periodic interest payments (or coupons) to their holders, as a substitute advertising at a reduction to their facial area worth and https://irs-approvedgold29517.gynoblog.com/37351993/new-step-by-step-map-for-investment-grade