In bonds, spot rates make reference to the interest rates prevailing at a certain point in time when dealing with zero-coupon bonds. Zero-coupon bonds are set-interest securities that don't make periodic interest payments (or Discount codes) for their holders, as a substitute advertising at a reduction for their encounter price https://wealthpreservationstrateg08383.diowebhost.com/93287748/5-essential-elements-for-interest-rates