Dealers trade for their own account and risk. The panel of communications equipment forming part of a dealer's desk. The ratio of interest and capital repayments as a percentage of the country's export earnings. The treatment of public debt varies. A bond issued at a very low issue price.
Deep discounts have low coupons offering an investor high principal return and low interest income.
An extreme example is a zero coupon bond that pays all of its return in principal on the redemption date. Generally a breach of contract. Failure to make timely payment of principal or interest. Shortfall in the balance of trade, balance of payments, or government budgets. Difference between real and nominal Gross National Product, which is equivalent to the overall inflation rate.