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t. e. A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. [1] Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond. When the bond reaches maturity, its investor receives its par (or face) value.
About 9.6% of families and 12.7% of the population were below the poverty line, including 14.0% of those under age 18 and 20.0% of those age 65 or over. History. Clifton was founded in the winter of 1852–1853, when the families of Frank Kell, Joseph A. Kemp, Samuel and Monroe Locker, and T. A. McSpadden settled in the vicinity.
Capital adequacy ratios (CARs) are a measure of the amount of a bank's core capital expressed as a percentage of its risk-weighted asset . Capital adequacy ratio is defined as: TIER 1 CAPITAL = (paid up capital + statutory reserves + disclosed free reserves) - (equity investments in subsidiary + intangible assets + current & brought-forward losses)
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