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From: ekrell@ucla-cs.UUCP
Newsgroups: net.invest
Subject: Re: zero-coupon bonds
Message-ID: <9725@ucla-cs.ARPA>
Date: Sat, 8-Mar-86 02:04:09 EST
Article-I.D.: ucla-cs.9725
Posted: Sat Mar  8 02:04:09 1986
Date-Received: Sun, 9-Mar-86 00:45:57 EST
References: <150@daisy.UUCP>
Distribution: net
Organization: UCLA Computer Science Department
Lines: 7

one problem with zero coupon bonds (besides them being more volatile to
interest rate changes than most other bonds) is that, as I understand it,
you pay taxes for the interest the bond yields even though you don't get
a penny of that money until maturity. Could be a bad deal.
-- 
    Eduardo Krell               UCLA Computer Science Department
    ekrell@ucla-locus.arpa      ..!{sdcrdcf,ihnp4,trwspp,ucbvax}!ucla-cs!ekrell