Bonds, Interest Rates & Exchange Rates
How do coupon bonds and discount bonds differ?
इस पृष्ठ का हिन्दी संस्करण तैयार हो रहा है। तब तक सामग्री अंग्रेज़ी में दिखाई जा रही है।
A coupon bond carries coupons stating the interest amount and pays interest at set intervals.
A discount bond is issued at a price below face value by the amount of the interest and repays the face value at maturity. Because a discount bond has only one cash flow, at maturity, its price is more sensitive to interest rate changes than that of a coupon bond with the same maturity.
This answer is general financial information as of 14/10/2026, not investment advice. Rules and tax rates change, so please also check the latest guidance from the source institution.
