The critical thing about a discount bond is it pays no interest.

要记住贴现债券不支付利息

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It's the most simple — or often called a bill — a discount bond does not pay interest; it's sold at a discount.

它是最简单的，经常被称为国库券，它是一种贴现债券，且不付息，并以折扣价发行。

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Deep discount bond note: bond with relatively low-coupon rate of interest offered with a discount in excess of what can normally be treated as capital gain by the investor.

按较大折扣发行的债券，大幅折价债券：这类债券通常利率较低，发行时的折扣率超过投资者一般所认为的资本收益。

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Deep discount bond note: bond with relatively low-coupon rate of interest offered with a discount in excess of what can normally be treated as capital gain by the investor.

按较大折扣发行的债券，大幅折价债券：这类债券通常利率较低，发行时的折扣率超过投资者一般所认为的资本收益。

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