Stripped Bond

Stripped Bond
A bond which can be further broken down into zero-coupon bond series. A stripped bond has zero reinvestment risk as payment to the investor will only take place at maturity.

Random Finance Terms for the Letter S

  • Street Name
  • Strike Index
  • Strike Price
  • Strip Mortgage Participation Certificate (Strip PC)
  • Stripped Bond
  • Stripped Mortgage-Backed Securities (SMBSs)
  • Strip Strap
  • Strong-Form Efficiency
  • Structured Arbitrage Transaction
  • Structured Debt