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From: johno@rruxo.UUCP (J OBrien)
Newsgroups: net.invest
Subject: Zero coupon bonds
Message-ID: <250@rruxo.UUCP>
Date: Fri, 19-Jul-85 09:00:42 EDT
Article-I.D.: rruxo.250
Posted: Fri Jul 19 09:00:42 1985
Date-Received: Sat, 20-Jul-85 12:13:00 EDT
Organization: Bell Communications Research, Piscataway N.J.
Lines: 9


Zero Coupons hav actually been around for a while.  Its the treasury
zero coupons that are new (generally called CATS or STRIPS).
Zeros are okay for IRA's, since you defer paying the tax.  They
are super for a college fund for a kid because they are usually
in a low tax bracket and will have to pay almost no tax as the
bonds build value.

John O'B