Zero Coupon Recapitalisation Bonds (Zero Coupon Bonds)

Zero Coupon Recapitalisation Bonds (Zero Coupon Bonds) Zero Coupon Bonds – Zero-Coupon Recapitalization Bonds The government has issued special Zero-Coupon Recapitalization Bonds worth Rs. 5,500 crore for recapitalization of Punjab and Sindh Bank. Zero-Coupon Bonds are non-interest bearing, non-transferable special GOI securities. Objective: This will improve the Capital-To-Risk Weighted Assets Ratio (CRAR) of these banks. …

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