The term and duration of a bond are equal for zero coupon bonds.

Name: The term and duration of a bond are equal for zero coupon bonds.
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Zero coupon bonds do not pay interest throughout their term; instead, they are sold at a discount to their face value and mature at that face value. The term of the bond is the duration until maturity, which is also the period over which the bond increases in value to its face amount, effectively making the term and duration equal for these types of bonds.

The Term and Duration of a Bond Are Equal for Zero