TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

deeply discounted security [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2012-08-30

English

Subject field(s)
  • Investment
DEF

A security where the amount payable on maturity, or any other occasion when the security can be redeemed, will or may exceed the issue price by more than 0.5% for each year in the redemption period, up to a maximum of 30 years.

OBS

The redemption period is the period between the date of issue and the date of redemption. In effect the amount is the lower of 0.5% of the redemption amount for each year of the bond's original maturity, or 15% of the amount payable on redemption.

French

Domaine(s)
  • Investissements et placements

Spanish

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